Clarification of the calculation of renomination restrictions in the case of secondary trading

Clarification of the calculation of renomination restrictions in the case of secondary trading

28 December 2016

Gasunie Deutschland Transport Services GmbH makes aware about unclear explanations in the “BDEW/VKU/GEODE - Leitfaden Bilanzkreismanagement Gas vom 30.06.2016” concerning the calculation of renomination restrictions in the case of secondary trading of capacity (page. 58, Section 4.1.1, 1. dash).

According to § 12 Section 7 of the “General Terms and Conditions for Entry and Exit Contract” the renomination restrictions are based on the capacity booked by the shipper at the booking point at 2 p.m. D-1. In case the shipper sells the capacity on the secondary market according to § 19 of the General Terms and Conditions for Entry and Exit Contract, it has to be distinguished between transfer of use (§ 19 Section 2) and the assignment of the contract to a third party (§ 19 Section 3). In case of transfer of use, the shipper transferring the capacity remains contract partner to the capacity contract (§ 19 Section 2 phrase 2). As a result the capacity which use is transferred is still be considered for the calculation of renomination restrictions of the transferring shipper at the booking point. Only in case of an assignment of a contract to a third party the assigning shipper is no longer contract partner to the capacity contract. Therefore the assigned capacity is not be considered for the calculation of the renomination restrictions for the assigning shipper in such a case.

More news
27 July 2017 Demand assessment for new transport capacities finished according to European guidelines: transmission systems operators publish market demand assessment reports
14 July 2017 Gasunie Deutschland publishes expected uniform entry tariff for GASPOOL market area as of 1 January 2018
10 March 2017 Results of the-tender for the purchase of natural gas for the TSO Gasunie Deutschland Transport Services GmbH
03 March 2017 Information for H207 “GREIFSWALD / VIEROW”
21 February 2017 Publication of the conditions for the tender of natural gas
14 February 2017 Tender for the purchasing of natural gas for the TSO Gasunie Deutschland Transport Services GmbH
02 February 2017 more capacity partners publish final offering levels
17 January 2017 More capacity: Conclude preliminary agreements until 27 January 2017
05 January 2017 more capacity: Auctions for new transport capacities start on March 6, 2017
05 January 2017 more capacity partners publish GTC
28 November 2016 Information about the tariff structure of Gasunie Deutschland Transport Services GmbH as of 01.01.2017
15 November 2016 GUD to switch to AS4 technology in data communications
14 October 2016 UPDATE: Information about the expected tariff structure of Gasunie Deutschland Transport Services GmbH as of 01.01.20
30 September 2016 Gasunie Deutschland announces change in top management
10 August 2016 Gasunie Deutschland offers additional firm Exit Ellund capacities for September
05 August 2016 “more capacity”: Consultation on the Marketing Procedure To Begin
28 July 2016 Amendment of General Terms and Conditions for Entry and Exit Contracts (entry-exit-system) of Gasunie Deutschland Transport Services GmbH
30 June 2016 Start of the new Product „Special Nomination Arrangements“ at network point ELLUND and adjustment of the Supplementary Terms and Conditions
22 June 2016 Natural Gas Compressor Station for Extension of the Northern European Natural Gas Pipeline (NEL) – Application Conference Held