"We need to clearly decide on what energy market model we build in Ukraine. In my opinion, it must fully comply with the Third Energy Package of the European Union," Yatseniuk said at a meeting on the energy sector reform in Kyiv on Thursday. The prime minister added that such a project should take care of all the requests of the European partners.
Yatseniuk stressed that attracting foreign investments to the Ukrainian energy market was contingent on the adoption of three laws. Firstly, it is the energy market law. Secondly, it is the law on the National Commission for State Regulation of Energy and Public Utilities. "This means that the National Commission must be a completely independent body and regulator in the energy market," he said.
The third law, according to the prime minister, should be the law on power grid connection order. "This is what every citizen and every business entity is faced with. The monopoly in the market leads to a high connection cost, terrible bureaucracy and affects development of business, depriving it of the possibility to choose energy supplier," Yatseniuk said.