MFGT Daily Peak Plus Natural Gas Storage Service Offer

Hungarian Gas Storage Ltd (MFGT) issues today a call for tenders for booking available, firm withdrawal peak storage capacities for the storage year 2014/2015.


MFGT considers this present capacity 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 withdrawal peak capacities with the following parameters:
1.    The following firm peak capacity can be booked in the storage year 2014/2015:
withdrawal capacity: 102 600 000 MJ / day
2.    Fee for capacities offered:
withdrawal capacity: 8 HUF + VAT / MJ / year, 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.
Contracting, Terms and Conditions of Contract
In case of an accepted capacity request, the bidder shall undertake to conclude a contract, completing the Bidder’s natural gas storage contract as a system user with MFGT, with the booked peak capacities.
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:
Requests shall be submitted to MFGT according to the following:
e-mail: romicsk@mfgt.hu or
by fax : +36 1 354 7045 or
by mail: Hungarian Gas Storage Ltd. 1051 Budapest, Széchenyi István tér 7/8.
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.
MFGT Peak plus contract_2014-2015.pdf