The orthorhombic unit cell of high Tc oxide superconductor YBa2Cu3O7–x is indicated by two-dimensional CuO2 planes spanned in a-b directions. Partial removal of oxygen, down to x > 1, creates an insulating state and randomly distributed oxygen vacancies. An attempt has been made to increase the concentration of vacancies up to some critical value when their ordering could take place, while balance with copper cations will still maintain the original tetragonal structure. Removal of two oxygen atoms per unit cell results in the YBa2Cu3O5 compound and formation of linear Cu1+– O chains. The novel phase is an insulator, and doping in a low (50 –200 mbar) oxygen atmosphere at T < 800 K converts it to a conducting state.