Accreditation on the short-term natural gas market (UGS)

To conclude exchange agreements when carrying out exchange trading in natural gas, which is stored in storages , using the trading platform of the LLC Ukrainian Energy Exchange, it is necessary:

To look trough the Regulations on the lease of exchange places on the Ukrainian Energy Exchange and the Regulations for exchange trading in natural gas stored in storages using the trading platform of the LLC Ukrainian Energy Exchange.
Obtain accreditation in the direction «Exchange trading - Natural gas» (medium-long-term market) in case of its absence. To do this, on the Exchange website, follow the link "Electronic trading. On-line Accreditation" and fill out an electronic application form to obtain the status of a non-permanent member of the LLC Ukrainian Energy Exchange, choosing the Natural Gas direction.
Open a conditional storage account (escrow) in JSC Oschadbank (join the CBSA).
To provide the Ukrainian Energy Exchange with the original Application-accession to the Exchange Trading Regulations on the short-term natural gas market using the trading platform of the commodity exchange - Limited Liability Company "Ukrainian Energy Exchange" to the address: 01030, Ukraine, Kyiv, Bohdana Khmelnytskoho 17/52 st. (BC “Leonardo”), 4-th floor.
To conclude an agreement with the LLC Ukrainian Energy Exchange to represent their interests for the UGS operator, including the submission of trade notices based on the results of concluded natural gas purchase and sale agreements, providing other responsibilities necessary for the conclusion and execution of sales and purchase agreements and issue an appropriate power of attorney.
Take a training course to work on the trading platform of the Ukrainian Energy Exchange.
Receive a login and password for access to the trading platform of Ukrainian Energy Exchange LLC. It is mandatory to change the received standard passwords to your own.
Acquire the status of a clearing participant by concluding a clearing service agreement with the Clearing Institution (Limited Liability Company "UKRAINIAN CLEARING HOUSE", identification code 45539058).
Participate in exchange trading on the trading platform of the Ukrainian Energy Exchange and conclude contracts for the sale and purchase of natural gas, which are signed by the participants using a qualified electronic signature.

Participants who, as of June 23, 2023, had the status of bidders in the "Short-term natural gas market" section are considered to have the status of bidders in accordance with Regulation of exchange trading on the short-term market of natural gas using the trading platform of the commodity exchange - Limited Liability Company "Ukrainian Energy Exchange" subject to the fulfillment of the requirements in terms of submission applications for joining.

For natural gas market participants who are already accredited in the "Short-term natural gas market" section of the Ukrainian Energy Exchange, it is enough to go to the link "Accreditation. For existing customers " after choosing the type of accreditation "Exchange trading", enter your email and password, select the type of document: "КРПГ - перехід до ЕТС" fill in the information regarding the bank accounts opened at Oschadbank JSC (the current account and escrow account, authorized person(s) to sign natural gas sales contracts in the electronic trading system and download the necessary documents:

Application for joining the Regulation;
Copy of a certificate or other document issued by the bank on opening a current account;
Copy of a certificate or other document issued by the bank on opening an escrow account;
Power of attorney for an authorized person to sign purchase contracts in the electronic trading system - sale of natural gas (if necessary);
Certificate (certificates) of the public key for signing contracts for the purchase and sale of natural gas in the electronic trading system.

Attention! Participants of exchange trades assume all risks related to possible problems when using a qualified/improved electronic signature, namely: the occurrence of errors, failures and interruptions in communication with the servers of qualified providers of electronic trust services, etc.

To reduce such risks, we recommend that stock exchange participants have at least 2 (two) active qualified/improved electronic signatures from recommended KNEDP.

Instructions for obtaining an electronic signature certificate

List of KNEDP for obtaining a qualified/improved signature: