Integrated Services
Subscription to integrated service of natural gas regasification and storage, in compliance with Article 1 of the Decree issued by the Ministry of the Economic Development on February 25, 2016
31/03/2016
With reference to the Decree issued by the Ministry of the Economic Development on February 25, 2016 (MD “Storage”), Adriatic LNG announces the procedure, to be carried out through competitive bidding, for the allocation of the capacity of the integrated service of natural gas regasification and storage.
According to the present procedure, the regasification capacity provided by Adriatic LNG gives right to the allocation – throughout the chosen year - of an equivalent storage space on behalf of the principal storage company.
According to Paragraph 1 of Article 1 of MD of February 25, 2015, the maximum storage capacity offered by the principal storage company is 1 billion cubic meters with the option – granted by the Ministry of Economic Development – to increase this quantity.
To subscribe to regasification and integrated storage services, the following capacities are made available by Adriatic LNG:
| T.Y | Number of slots | LNG volumes (liquid cubic meters) | Redelivery Period | Slot Unloading Period |
|---|---|---|---|---|
| 1 | 145,000 | In compliance with the Regasification Code | May 4-7 2016 (1) | |
| 2015-2016 | 1 | 145,000 | In compliance with the Regasification Code | May 12-15 2016 (1) |
| 1 | 145,000 | In compliance with the Regasification Code | May 16-19 2016 (2) | |
| 1 | 145,000 | In compliance with the Regasification Code | June 9-12 2016 (3) | |
| 1 | 65,000 | In compliance with the Regasification Code | August 14-15 2016 (4) |
(1) Subject to allocation pursuant to the Procedure, the Unloading Slot and the Released Capacity can be recuperated through a Retrieval Declaration sent to the Supplier between April 4 and 7, 2016. Any requests for exchanging the Unloading Slots must be submitted in writing to the Supplier, between April 4 and 7, 2016.
(2) Subject to allocation pursuant to the Procedure, the Unloading Slot and the Released Capacity can be recuperated through a Retrieval Declaration sent to the Supplier between April 4 and 16 2016. Any requests for exchanging the Unloading Slots must be submitted in writing to the Supplier, between April 4 and 16, 2016.
(3)Subject to allocation pursuant to the Procedure, the Unloading Slot and the Released Capacity can be recuperated through a Retrieval Declaration sent to the Supplier between May 3 and 6, 2016. Any requests for exchanging the Unloading Slots must be submitted in writing to the Supplier, between May 3 and 6, 2016.
(4)Subject to allocation pursuant to the Procedure, any request for exchanging the Unloading Slots must be submitted in writing to the Supplier between July 4 and 7, 2016.
The competitive bid is carried out in compliance with the regulations, requirements and criteria stated in the MD of February 25, 2016, in the resolution of the Authority of Electric Energy, Gas and Water System n. 77/2016/R/Gas and in the Procedure and relevant material which can be downloaded below.
The aforementioned subscription starts on March 31, 2016 and ends on April 19, 2016 at 17:00 C.E.T.
The conditions stated in the present publication are an integral and substantial part of the integrated service of regasification and storage in accordance with the Ministerial Decree of February 25, 2016.