Gasunie participates in EUGAL pipeline
GASCADE signs participation agreement with Fluxys, Gasunie and Ontras
The transmission system operators GASCADE Gastransport GmbH, Fluxys Deutschland GmbH, Gasunie Deutschland Transport Services GmbH and ONTRAS Gastransport GmbH have signed a fractional ownership agreement for the pipeline project European Gas Pipeline Link (EUGAL).
Fluxys Deutschland, Gasunie Deutschland and ONTRAS will each receive 16.5% of the shares in the project and future pipeline. GASCADE will retain a 50.5% stake and remain in charge of the project. The partners have agreed that GASCADE will continue to manage the building process of the pipeline and will operate it in the future.
The European Gas Pipeline Link (EUGAL) will extend over a length of some 485 kilometers, running from the Baltic Sea through Mecklenburg-Western Pomerania and Brandenburg to southern Saxony and from there over the border to the Czech Republic. “The project is fully on schedule – we aim to complete EUGAL’s first string as early as the end of 2019,” states Chief Project Manager Ludger Hümbs.
Consultation: Bi-directional capacity at interconnection point Deutschneudorf-EUGAL
Closure of the procedure for incremental capacity 2017 & start of the second demand assessment according to NC CAM
Auctioning of incremental capacity acc. to REG (EU) 2017/459 NC CAM
Information about the tariff structure of Gasunie Deutschland Transport Services GmbH as of 01.01.2020 being valid at cross-border and market area interconnection points as well as storages
Legal decisions for proposed projects acc. to REG (EU) 2017/459 NC CAM