The Law Firm offers comprehensive legal services for energy companies engaged in wholesale trade in natural gas and in sale of natural gas to end users. Our lawyers ensure that the enterprises holding a license for trade in natural gas (OPG), or for foreign trade in natural gas (OGZ), operate in compliance with the Energy Law, Act on Stocks of Crude Oil, Petroleum Products and Natural Gas and with other energy industry regulations.
The detailed scope of legal services provided by our Energy Law Team includes:
- The Law Firm offers legal services for companies dealing with the trade in natural gas, and foreign trade in natural gas, The services rendered by the Law Firm include consulting, from acquisition of the license, based on the Energy Law, for trade in natural gas and for foreign trade in natural gas, through legal setup of a department for gas sale to end users, to the actual launch of natural gas trade and sale activities, both on the Polish Power Exchange, and to end users,
- Our lawyers provide legal services covering the commencement of the wholesale trade in natural gas on the Polish Power Exchange, i.e. obtaining the status of the Polish Power Exchange Member, the status of the Commodity Clearing House (IRGiT) Member, and the permit for keeping accounts or registers of these commodities, issued by the Polish Financial Supervision Authority, pursuant to Article 50b, Clause 1, Point 2, of the Act of October 26, 2000 on Commodity Exchanges,
- The Law Firm also provides legal services ensuring that the trading companies comply with the market transparency requirements (REMIT, EMIR, MIFID, MIFID II),
- Our experts prepare tariffs and price lists for natural gas, in accordance with the regulations of the Energy Law and carry out tariff procedures under the Energy Law,
- The Law Firm draws up and implements agreements functioning in the gas industry, such as: draft master agreements for sale of the natural gas, EFET framework agreements, general distribution agreements with the PSG, transmission agreements with the Gaz System,
- Our lawyers provide legal advice when concluding preliminary agreements for provision of natural gas storage services for the obligatory quantities and preliminary agreements to perform tasks in the area of maintaining the obligatory stock of natural gas, as referred to in the Article 24b Clause 1 of the Act on Stocks,
- The Law Firm provides its Clients with legal advice on requirements resulting from obligation to diversify the supply of natural gas from abroad, pursuant to the Energy Law and the Implementing Regulation,
- Our lawyers ensure that the energy companies holding a license for trade in natural gas (OPG), or for foreign trade in natural gas (OGZ), operate their licensed business in accordance with the law, and in particular with the requirements introduced by the Energy Law, Act on Stocks of Crude Oil, Petroleum Products and Natural Gas and with other energy industry regulations, as well as regulations of the Polish Financial Supervision Authority (KNF) and Polish Power Exchange (TGE).
- Our lawyers regularly monitor legal changes related to gas industry, in particular changes in the Energy Law, Act on Stocks of Crude Oil, Petroleum Products and Natural Gas and regulations regarding supply diversification, and provide our Clients with the legal alerts, which include an analysis of potential impact of the planned changes on business activities of the companies holding a license for trade in natural gas (OPG), or a license for foreign trade in natural gas (OGZ)
- Our lawyers provide training and internal workshops, due to obligations arising from the licenses for trade in natural gas (OPG), and for foreign trade in natural gas (OGZ).