Agreement on transit of electrical energy and capacity of the State Parties of the Commonwealth of Independent States

of January 25, 2000

The governments of the State Parties of this agreement which are hereinafter referred to as the Party

being guided by provisions of the Energy Charter of December 17, 1991 and the Agreement to the Energy Charter of December 17, 1994,

based on the Agreement on coordination of the interstate relations in the field of power industry of the Commonwealth of Independent States of February 14, 1992,

being guided by the Agreement on ensuring parallel work of electric utility systems of the State Parties of the Commonwealth of Independent States of November 25, 1998,

expressing readiness for equal cooperation in the field of power industry on the basis of mutual trust and non-interference to management of the Parties of electric utility systems,

for the purpose of use of technical and economic benefits of parallel work of electric utility systems of the Parties and realization of intersystem effects,

recognizing the growing interest in trade in the electric power,

aiming to promote formation of the public market of electrical energy and capacity,

agreed as follows:

Article 1

For the purposes of this agreement the following terms mean:

transit of electrical energy and capacity - and) transfer through the territory of the Party on its power networks of electrical energy and the capacity made in the territory of other state and intended for the territory of the third state provided that either another, or the third state is the State Party of this agreement;

b) transfer of electrical energy and capacity between two Items of one Party through the territory of other Party on its power networks;

business entity - the legal entity or physical person which is engaged in production, transfer, distribution of electrical energy and capacity according to the national legal system of the state.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info