Regarding the initiation of the VERT sanctioning procedure
August 13 2024 - 10:33AM
UK Regulatory
Regarding the initiation of the VERT sanctioning procedure
AB Amber Grid, legal entity code: 303090867. Address: Laisvės
ave. 10, LT-04215 Vilnius, Lithuania.
Amber Grid has received a notification from the State Energy
Regulatory Council (VERT) that VERT has initiated a sanctioning
procedure against Amber Grid due to the non-conformities identified
in the GIPL construction inspection report.
No decisions have been made regarding the imposition of a
sanction or its amount. According to the Natural Gas Law, the
sanction can range from a verbal warning to 10% of Amber Grid
regulated activities in 2023 income.
Despite filing a court complaint against the VERT inspection
act, Amber Grid is cooperating with VERT. Amber Grid has
implemented the obligations of the decision on the GIPL inspection
act adopted by the VERT in April, without delay. In June Amber Grid
submitted VERT documents regarding the performed GIPL security
inspection procedures.
Amber Grid has provided information on the research, expertise,
tests, and conclusions made by independent experts regarding the
safety of the GIPL gas pipeline, which confirm the compliance of
the gas pipeline with the established safety requirements.
During the evaluation of the information provided by the VERT,
there is regular cooperation between the regulator and the company,
providing additional documents and performing new tasks of the
VERT.
More information:
Laura Šebekienė, Head of Communications of Amber Grid,
Ph. +370 699 61 246, e-mail: l.sebekiene@ambergrid.lt
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