Gasunie starts auction of bundled cross border capacities

Gasunie starts auction of bundled cross border capacities

Hanover, Groningen, 22 January 2014

Gasunie starts auction of bundled cross border capacities at Oude Statenzijl L and informs about the time schedule for marketing of long-term firm bundled products
 

Gasunie Deutschland Transport Services GmbH (GUD) and Gasunie Transport Services B.V. (GTS) expand their offer of bundled firm cross border capacities by auctions at Oude Statenzijl L and agree on a time schedule to offer long-term bundled firm products at Oude Statenzijl L and Oude Statenzijl H.

As of January 28th 2014 bundled firm Day-Ahead capacities will be offered also at Oude Statenzijl L for the delivery period as of January 29th.

GUD and GTS agreed to have a stepwise development in offering bundled medium-term and long-term firm products within this year for Oude Statenzijl L and Oude Statenzijl H with the aim to have a smooth transition to a situation where firm capacity is offered fully bundled. This way market parties are given the opportunity to adapt to this new situation.

Following time schedule for the bundling at the points Oude Statenzijl L and Oude Statenzijl H is planned:

  • As of January 28th 2014 firm bundled capacities will be offered henceforth at all cross border points with GTS in Day-Ahead-auctions.
  • The firm monthly capacities will be offered up to and including delivery month September 2014 via monthly auctions exclusively on an unbundled basis.
  • The auction of firm yearly capacities in March 2014 for contracts starting as of delivery period October 2014 will be offered exclusively on an unbundled basis.
  • The first bundled auction of firm yearly capacities for the delivery period as of October 2015 will be held in March 2015.

The auction of firm quarterly capacities in June 2014 for the delivery period as of October 2014 will be held on a bundled basis.

This means that as of September 2014, for all firm product categories, capacity will be offered on a bundled basis at Oude Statenzijl L and Oude Statenzijl H.

In case of questions please do not hesitate to contact your contact person at Gasunie Deutschland or submit an e-mail .

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