MFGT Daily Peak Plus Natural Gas Storage Service Offer
Hungarian Gas Storage Ltd (MFGT) issues today a call for tenders for booking available, firm, daily injection peak storage capacities for the storage year 2014/2015.
MFGT considers this present capacities offer as a one-time offer and does not guarantee that capacities will be offered under the same terms and conditions in the future.
MFGT offers injection peak capacities with the following parameters:
1. The following peak capacity can be booked in the storage year 2014/2015:
injection capacity: 102 600 000 MJ / day
2. Fee for capacities offered:
injection capacity: HUF 0.1 + VAT/ MJ / day, excluding volume fees
This service is available to Buyers with Natural Gas Storage Contract and storage capacity booking at the minimum technological ratio for the storage year 2014/15.
The technical and commercial terms of using storage services are specified by the contract concluded upon this offer and by the MFGT Code of Business Conduct.
Evaluation of capacity requests
MFGT shall fulfill the Bidders’ capacity booking requests on a first-come, first-served basis.
This capacity offer shall by no means be deemed as a contractual commitment by MFGT towards any Bidder, and MFGT explicitly reserves the right to declare the capacity booking procedure unsuccessful within its own scope of competence.
Contracting, Terms and Conditions of Contract
Bidder shall undertake to conclude a contract as a system user with MFGT on booking daily peak capacities in case of an accepted capacity request.
The system user shall pay the fee of the booked daily peak capacity regardless of the quantity actually used.
Payment and guarantee conditions, along with the financial guarantees shall be determined according to the Code of Business Conduct of MFGT and the agreement between the parties.
Procedure for submitting capacity requests:
In order to use daily Peak Plus natural gas storage (additional injection) capacities, System User shall submit its capacity booking request for the required quantity until 15:00 hours on the preceding gas day by submitting the Statement of Use on the IT Platform of MFGT. MFGT shall confirm it to the System User until 15:30 hours if daily Peak Plus natural gas storage (additional injection) capacities are available. Following this response, System User shall verify the request in writing in a duly signed statement submitted by telefax until 16:00 hours. The contract on using and providing daily Peak Plus natural gas storage (additional injection) capacity is concluded for the given gas day when MFGT receives the verification of the request.
MFGT shall issue the invoice based on the confirmed capacity request submitted by the system user. The total sum of volume fees shall be invoiced pursuant to the tariff resolution, every month upon the actual monthly volume turnover.
Requests shall be submitted to MFGT according to the following:
by fax : +36 1 354 7045 or
by mail: Hungarian Gas Storage Ltd. 1051 Budapest, Széchenyi István tér 7/8.