MFGT Daily Peak Plus Natural Gas Injection Service Offer

Hungarian Gas Storage Ltd (MFGT) issues today a call for tenders for booking available, firm, daily  injection peak capacities for the storage year 2016/2017 from 6:00 AM 19th of May 2016 to 6:00 AM 1st of October 2016.


MFGT considers this present 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.
Offered Capacities
MFGT offers injection peak capacities with the following parameters:
1.      The following peak capacity can be booked in the storage year 2016/2017 from 19th of May 2016 to 1st of October 2016:
injection peak capacity: 1 000 000 kWh / day
2.      Fee of capacities offered:
injection peak capacity: HUF 0.325 + VAT/ kWh / day, excluding volume fees
This service is available only to System Users with Natural Gas Storage Contract for the storage year 2016/17.
Evaluation of capacity requests
MFGT shall fulfil the Bidders’ capacity booking requests on a first-come, first-served basis.
MFGT explicitly reserves the right to declare the capacity booking procedure unsuccessful within its own scope of competence.
Other Terms and Conditions
The amount of Daily Peak Plus injection peak capacities booked by the System User shall depend on capacity bookings submitted by the System User – and confirmed by MFGT. If the System User’s request is confirmed by MFGT, a specific contract on using Daily Peak Plus injection peak capacities is concluded by and between the parties for that given day.
The basis of settlement shall be the amount of capacity confirmed.
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
The System User can also nominate its booking request towards MFGT for given gas days via email. In order to use Daily Peak Plus injection peak capacities, System User shall submit to MFGT its additional injection capacity request until 22:00 hours on the preceding gas day. Only the contact person(s) specified in the contract shall be entitled to make nominations in connection with the Daily Peak Plus injection peak capacity product. MFGT shall confirm it to the System User until 23:00 hours if the Daily Peak Plus injection peak capacities are available in the required quantity.
Following the reference month, MFGT shall issue the invoice based on capacity requests submitted by the System User and confirmed by MFGT. The total sum of volume fees shall be invoiced pursuant to the Tariff Decree, each month upon the actual monthly volume turnover.
Requests shall be submitted to MFGT according to the following:
e-mail (to all four addresses):   csabam@mfgt.hu, horvathh@mfgt.hu, meggyesb@mfgt.hu, dispatcher@mfgt.hu.
fax: +36 1 354 7045
Budapest, 18.05.2016