PUBLICATIONS ACCORDING TO ARTICLE 4 OF REGULATION (EU) № 1227/2011
Article 4 of REGULATION (EU) № 1227/2011 (REMIT) stipulates that the market participants shall disclose inside information in respect of businesses or facilities which they own or control, or are operationally responsible for.
The obligation for disclosure requires publication of information relevant to the capacity and use of facilities for production, storage, consumption or transmission of natural gas, including planned or unplanned unavailability of these facilities.
In accordance with ACER recommendations for inside information disclosure defined in Guidance on the application of Regulation (EU) No 1227/2011, Bulgartransgaz publishes inside information relating to the capacity and use of facilities for storage and transmission of natural gas, and other information which has not been made public, which relates, directly or indirectly, to one or more wholesale energy products in so far as this information is likely to have a significant effect on the prices of wholesale energy products.
According to ACER Guidance on application of Regulation (EU) № 1227/2011, the inside information shall be disclosed by publication of Urgent Market Messages on a Platform for Inside Information Disclosure approved and registered by ACER.
Bulgartransgaz uses ENTSOG Transparency Platform and the Inside Information Platform of Balkan Gas Hub as interchangable main and backup solutions for disclosure of inside information.
As of 1 January 2023, Bulgartransgaz will apply the following approach for inside information disclosure:
- Information related to the capacity, usage, planned or unplanned unavailabilities of internal points of Bulgartransgaz’s transmission system, will be published on the Inside Information Platform established by Balkan Gas Hub – BGH IIP;
- Information related to the capacity, usage, planned or unplanned unavailabilities of UGS Chiren, GMS Chiren, interconnection points, cross-border points, as well as other inside information relevant to the wholesale energy products and/or capacity and usage of systems and facilities related to the cross-border natural gas transmission, will be published on the UMM section of ENTSOG Transparency Platform – ENTSOG TP;
- A short message related an event subject to inside information disclosure will be provided on the UMM section of Bulgartransgaz’s corporate web-site, where possible, with a link to the relevant UMM message that has already been published on the respective Inside Information Platform.
DOCUMENTS RELATED TO REMIT AND THE PUBLICATION OF URGENT MARKET MESSAGES
REGULATION (EU) № 1227/2011 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 October 2011 on wholesale energy market integrity and transparency
COMMISSION IMPLEMENTING REGULATION (EU) № 1348/2014 of 17 December 2014 on data reporting implementing Article 8(2) and Article 8(6) of Regulation (EU) № 1227/2011 on wholesale energy market integrity and transparency
ACER REMIT DOCUMENTATION
UMM SECTION