The gas TSOs of Finland, Estonia and Latvia have reached a new voluntary agreement on inter-TSO compensation system
The gas transmission system operators (TSOs) in Finland, Latvia and Estonia - Gasum Oy, AS Conexus Baltic Grid and Elering AS – have today signed an Inter TSO Compensation (ITC) agreement, which enables the functioning of a single gas transmission tariff zone for Finland, Estonia and Latvia from the beginning of 2020.The ITC agreement unifies the entry point tariffs on the external borders of the region and removes commercial interconnection points between countries. It will be used for transportation of the gas across Finland, Estonia and Latvia without additional charges. The ITC