MFGT Interruptible Forwardhaul Withdrawal Capacity Service Offer

Hungarian Gas Storage Ltd (MFGT) issues today a call for tenders for booking interruptible withdrawal capacities for the period from 06:00 on 1 December 2019 until 06:00 on 1 April 2020 of the storage year 2019/2020.

MFGT considers this capacities offer as a one-time offer and does not guarantee that capacities will also be offered under the same terms and conditions in the future.

Quantity, period and price of the interruptible withdrawal capacities offered:

System Users are eligible to use the Interruptible Forwardhaul Withdrawal Capacity Service (Service) only if they have firm withdrawal capacities in the period for which the Service is announced.

The Service allows the System User to use interruptible withdrawal capacities up to an amount equal to the firm withdrawal capacity specified in the System User’s contract(s).

Start of the Usage Period:                1 December 2019, 06:00.

End of the Usage Period:                 1 April 2020, 06:00.

Service fee:                                      0.0176 HUF/kWh (as per the applicable Fee List).

The Service fee shall be paid in case of using the Interruptible Forwardhaul Withdrawal Capacity Service, on the basis of the actual quantities so withdrawn (kWh/day).

The request shall be indicated on the nomination platform by submitting the nomination.

Evaluation, interruption of interruptible capacity requests:

MFGT shall accept the System Users’ interruptible withdrawal capacity booking requests on a first-come, first-served basis.

In case of interruption, MFGT will interrupt the simultaneously used interruptible withdrawal capacities of the Service based on the nominations submitted, applying the pro rata principle.

MFGT reserves the right to revoke this Offer announcement notice without justification.

The Product Description (Annex No. 1) and the Contract Template (Annex No. 2) shall form an inseparable part of this Offer announcement.

Should you have any questions, please contact our colleagues:

horvathh@mfgt.hu (00 36 30 748 9971), meggyesb@mfgt.hu (00 36 30 718 9343)

Budapest, 12 November 2019

Annexes:

Annex No. 1: Product Description

        Annex No. 2: “Interruptible Forwardhaul Withdrawal Capacity Service Offer” contract template

        Annex No. 3: User Manual for booking interruptible withdrawal capacities in the SMCS