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What’s a regulatory period?

April 26, 2017period regulatory

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What’s a regulatory period?

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A period of time, usually four years, for which the regulations are defined for the service of transportation and dispatching of natural gas and regasification of liquefied natural gas. The first regulation period started on 1 October 2001 and ended on 30 September 2005. The second regulation period for the transportation activity began on 1 October 2005 and will end on 30 September 2009, while for the regasification activity the actual regulation period started on 1 October 2008 to end on 30 September 2012.