Ukraine Joins European Energy Community

Ukraine has joined the European Energy Community. The move extends the EU internal energy market to South East Europe and enhances the overall security of supply.

The Ministerial Council of the Energy Community had approved the accession of Ukraine in December 2009, but the signature of the Accession Protocol was made subject to the adoption of a gas law in compliance with EU relevant rules. The new Ukrainian gas law was enacted last July. The Ukrainian Parliament is now expected to ratify the Treaty establishing the Energy Community, after which Ukraine will become a member of this international organisation

The Energy Community entered into force on 1st July 2006. Members have committed themselves to liberalise their energy markets and implement key EU legal acts in the area of electricity, gas, environment and renewable energy. The secretariat in Vienna monitors and assists in the implementation process. Full Members are: The European Union, Albania, Bosnia and Herzegovina, Croatia, Former Yugoslav Republic of Macedonia, Montenegro, Serbia and the United Nations Interim Administration Mission in Kosovo and Modova. Georgia, Norway and Turkey hold Observer Status.

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