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27th April 2009, Paris

8th SG Meeting South Gas Regional Initiative. 27th April 2009, Paris. Agenda. II.1 OS: Information memorandum. OPEN SEASON PROCEDURE INFORMATION MEMORANDUM Presentation by TSOs. Conclusions on the Information Memorandum. Transparency commitment about the economic test Tariff visibility

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27th April 2009, Paris

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  1. 8th SG Meeting South Gas Regional Initiative 27th April 2009, Paris

  2. Agenda

  3. II.1 OS: Information memorandum OPEN SEASON PROCEDURE INFORMATION MEMORANDUM Presentation by TSOs

  4. Conclusions on the Information Memorandum • Transparency commitment about the economic test • Tariff visibility • Clarification of investment costs • Contractual agreement framework • Deadlines to be kept • Trading licenses to be requested if needed • Possibility to book capacity from or to the AOC (wholesale market) in Spain

  5. II.2 OS: Allocation rules and forms OPEN SEASON PROCEDURE Allocation rules and allocation forms Presentation by TSOs

  6. Allocation rules - Conclusions • One month for comments to be sent to regulators • Documents will be published on ERGEG’s website

  7. III. Transparency at LNG terminalss in the S-GRI TRANSPARENCY Transparency at LNG terminals in the South Region Presentation by Regulators

  8. III. Transparency-Level of participation • Spanish terminals— 8 responses • French terminals– 4 responses • Portuguese terminals— 3 responses

  9. III. Transparency--Transparency cheking • The survey questioned about transparency regarding: • Regulatory provisions on transparency • Infrastructure description • Current and future capacities • Capacity availability • Capacity utilization • Services and contracts • Rules, penalties and compensation payments for noncompliance with LSOs’ and users’ obligations • Maintenance plans • Terminal code

  10. III. Transparency– Results Regulatory provisions on transparency NRAs’ responses

  11. III. Transparency– Results

  12. III. Transparency– Results

  13. III. Transparency– Results Short term available capacity Available capacity Contracted capacity

  14. III. Transparency– Results

  15. III. Transparency– Results Services and contracts Conditions of interruptible services Standrad services contracts Spot services

  16. III. Transparency– Results

  17. III. Transparency- Results

  18. III. Transparency- Results

  19. III. Transparency- Conclusions • Considerable good level of transparency • However, some room for improvement has been identified regarding: • Capacities • Historical capacity use • Services • Penalties for noncompliance with obligations • Publication on websites • Publication in english, as well as in national language

  20. MUTUAL RECOGNITION OF TRADING LICENCES IN THE IBERIAN NATURAL GAS MARKET (MIBGAS) IV. MIBGAS PUBLIC CONSULTATION PROCESS of MUTUAL RECOGNITION OF TRADING LICENCES • CNE and ERSE prepared a public consultation document in order to collect opinions from market agents, TSOs, DSOs and other interested institutions, about the mutual recognition of trading licenses in the Iberian natural gas market. • The consultation document was published on each of the regulators’ websites in February 2009. • The main proposal submitted for public consultation consists of the adoption of an agreement between Spain and Portugalfor mutual recognition of gas trading licences issued by one country, in the neighbouring country.

  21. IV. MIBGAS Answers received: In response to the public consultation, 7 written replies were received from market agents and gas infrastructure owners. • The players in the Iberian gas market evaluated the proposal for mutual recognition of trading licences in the Iberian natural gas market positively and showed willingness and interest in the development of the Iberian Gas Market. • However, a majority of answers considers that is necessary to harmonise the requirements to get the trading licence in the two countries, and propose to maintain actual licence requirements, in order to grant consumer’ protection. • The replies received are going to be evaluated for the final writingof the proposal for mutual recognition of trading licences in the Iberian natural gas marketprepared by the CNE and the ERSE.

  22. IV. MIBGAS MUTUAL RECOGNITION OF TRADING LICENCES IN THE IBERIAN NATURAL GAS MARKET (MIBGAS) Next Steps: • The final writing of the proposal for mutual recognition of trading licences in the Iberian natural gas market will be prepared by the CNE and the ERSE before June 2009, and send to both Governments • The adoption of anagreement between the Governments of Spain and Portugal for mutual recognition of gas trading licences issued by one country, in the neighbouring country.

  23. V. Further actions Next RCC meeting: 25th June 2009? Next IG meeting: 25th June 2009?

  24. VI. Any other business

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