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 2017/2018 for the period between 6:00 AM 13th of May 2017 to 6:00 AM 1st of June 2017.
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.
MFGT offers injection peak capacities with the following parameters:
1. The following peak capacity can be booked in the storage year 2017/2018 for the period lasting from 6:00 AM 13th of May 2017 to 6:00 AM 1st of June 2017:
injection peak capacity: 25 000 000 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 2017/18.
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 accepted by MFGT. If the System User’s request is accepted 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 accepted.
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 nominate its booking request towards MFGT for given gas days electronically, using MFGT’s IT Platform (SMCS). Please see the user manual of the IT system under Annex No. 1.
In order to use Daily Peak Plus injection peak capacities, System User shall indicate its additional injection capacity request under “Daily Capacity” menu in the SMCS, 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.
Following the reference month, MFGT shall issue the invoice based on capacity requests submitted by the System User and accepted by MFGT. The total sum of volume fees shall be invoiced pursuant to the Tariff Decree, each month upon the actual monthly volume turnover.
In case of any questions, please do not hesitate to contact us:
Budapest, 12th of May 2017