Announcement - regarding Auction 2026/1
Hungarian Gas Storage Ltd. (HGS) hereby informs its Customers that
those Partners who submitted a successful bid at the auction 2026/1 and
concluded a gas loan contract, and also hold a gas loan contract (ON LENDING
AND BORROWING NATURAL GAS with relating Capacity, on the Gas Loan Plus Product
(GLP)) for the period until 01.10.2026 at 06:00 hours are not obliged to return
the Natural Gas Lent until 01.10.2026 at 06:00 hours, under their gas loan
contract valid until 01 October 2026, 06:00, up to the gas quantity of the
Natural Gas Lent (kWh) awarded at the auction 2026/1, except in cases where
Mandatory Return as per the contract applies.
Example:
If the Contracting Party has a gas loan contract for 100 kWh for
the period until 01.10.2026 at 06:00, and the same Contracting Party is awarded
a gas loan contract for 70 kWh for the period starting from 01.10.2026 at 06:00
at the auction 2026/1 on 13.03.2026, then this Contracting Party is not obliged
to return 70 kWh of the Natural Gas Lent until 01.10.2026 at 06:00 under its
gas loan contract valid until 01.10.2026 at 06:00, except in cases where the
Mandatory Return as per the contract applies. However, the Contracting Party
remains obliged to return the remaining 30 kWh of Natural Gas Lent until
01.10.2026 at 06:00.
