Storage capacity offer of Hungarian Gas Storage Ltd for the storage year 2021-2022, available capacities from 1st April 2020

We kindly inform our Partners that pursuant to Act No. XL of 2008 on Natural Gas Supply (hereinafter Gas Act), and pursuant to Government Decree No. 19/2009 (I.30.) on the implementation of this act (hereinafter Gas Act Implementation Decree) and in accordance with Section 2.1.4.2 of the Operational and Trading Code (hereinafter Grid Code), Hungarian Gas Storage Ltd (hereinafter referred to as MFGT) has published on its website (www.magyarfoldgaztarolo.hu) and IT Platform its free injection, withdrawal and working gas capacities available to book as of 1^st April 2021 for one or more full storage years - not exceeding 9 storage years - with regard to the unified natural gas storage, which can be found at the following link on MFGT’s website under the menu item “MFGT’s available free and booked capacities”:

http://mfgt.hu/en/Adatpublikalas/Taroloi-kapacitasok-es-napi-adatok

*MFGT does not yet offer 642 000 000 kWh working gas capacity for the period of storage years 2020/2021-2029/2030 (10 storage years). Where MFGT considers that a part or whole of this working gas capacity can be injected, MFGT will offer it for booking during the storage year.

The above mentioned capacities are offered “separately” pursuant to Section 2.1.4.3.1 of the Grid Code.

Storage fees are calculated pursuant to HEPURA decree No. 8/2016 (X.13.), HEPURA decree No. 11/2016 (XI.14.) and HEPURA decree No.13/2016 (XII.20).

Please note that the offered capacities are available under technical conditions specified by the Grid Code and by Annex No. 8 of the MFGT Code of Business Conduct.

Please visit MFGT’s website (www.magyarfoldgaztarolo.hu) for information on the respective physically available contracted injection and withdrawal capacities. MFGT provides continuously updated information.

In this respect, please note the particular importance of the following information on capacity booking:

injection and withdrawal requests can only be performed on any given gas day if the quantity requested by the system users reaches or exceeds the technological minimum of injection or withdrawal,

injection and withdrawal capacities vary according to the prevailing storage fill level.

Capacity booking (nomination) process:

The capacity booking process, including the announcement of the offered natural gas storage capacities, and the submission of capacities requested by the system users and documents required for booking shall be carried out on MFGT’s IT Platform and on a paper format. Should you have any questions regarding capacity booking on MFGT’s IT Platform, please do not hesitate to contact us. If so required, we will organize a tutorial session for our Partners.

The content requirements of the booking requests are specified by Section 2.1.4.3.1 of the Grid Code and by Section 3.1.1 of the MFGT Code of Business Conduct.

Capacity booking request shall be submitted in totals indicating USP and Non-USP ratios (Annex No. 1), subject to the provisions applicable to USP providers as per Section 30 of Government Decree 19/2009 (I.19.) on the implementation of the Act No. XL of 2008 on Natural Gas Supply.

Capacity booking requests will be received by MFGT continuously, and pursuant to Section 2.1.4.3.1 of the Grid Code, the deadline for receiving booking requests shall be: 2^nd March 2020.

MFGT will allocate the available capacities to the bidders pursuant to the relating stipulations of Section 2.1.4.3.1 of the Grid Code.

Should you have any questions, please contact:

Krisztián Deme - Head of Sales, Marketing and Regulation

e-mail: demek@mfgt.hu

phone: +36 30 663 0124

fax: +36 1 354 7045

Hajnalka Horváth

e-mail: horvathh@mfgt.hu

phone: +36 30 748 9971

fax: +36 1 354 7045

Dóra Tóth

e-mail: tothd@mfgt.hu

phone: +36 20 236 1972

fax: +36 1 354 7045

Annexes: