Resolution No O3-104 of 20 July 2009 of the National Control Commission for Prices and Energy Amending the Rules of Information Provision by Energy Companies (Official Gazette (Valstybės Žinios), 2009, No 934010).
The Resolution expanded the scope of information that is submitted by natural gas enterprises to the National Control Commission for Prices and Energy, i.e. it was indicated that entities which have a licence to transmit (distribute) natural gas, must submit the following information: (i) annual report of gas undertakings on the change of economically reasoned non-current assets of regulated activities during the four months (in the end of the year), (ii) annual report on actual investment and their effectiveness (annually until 1 March). Respectively, the companies operating under a licence to supply natural gas must submit the following: (i) a report on quality indices of natural gas supply (in 20 days after the end of the reporting quarter); (ii) annual report on quality indices of natural gas supply (after the end of the year, in 40 days). Also every year until 1 March the previously mentioned undertakings must provide an interim 12 month financial statement and a report on annual activity and security enforcement.
The Resolution also settled additional requirements on information disclosure as applies to power energy undertakings, e.g., it was indicated that the undertakings operating under a licence of energy transmission are under an obligation to submit to the National Control Commission for Prices and Energy the following data: (i) a report on the additional services provided by the transmission system operator (in 40 days after the end of the reporting quarter); (ii) interim financial statements of 6 months (in 60 days after the end of the second quarter); (iii) annual report on the additional services provided by the transmission system operator (in 40 days after the end of the year); (iv) interim financial statements of 12 months (every year until 1 March). Similar requirements on the provision of information apply to energy enterprises.
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