Estonia postponed by two years until January 2015 a deadline for separating AS Eesti Gaas’s natural- gas sales and transmission divisions in a draft bill passed end of May. This bill aims to liberalize the market through greater transparency, increase competition by allowing biogas to enter the market and establish the legal basis for building a liquefied natural gas terminal. The draft bill includes a stipulation that Eesti Gaas’s transmission unit will be sold if no buyer is found and sets a fine of as much as €32,000 if the independence of sales and transmission is violated. It leaves open the option that a company based outside the EU could control the transmission network, subject to clearances from the competition board and the European Commission. Transmission and sales of natural gas could also be controlled by the government, in which case they would have to be supervised by different ministers.
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