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MFGT Daily Peak Plus Natural Gas Withdrawal Service Offer

Hungarian Gas Storage Ltd (MFGT) issues today a call for tenders for booking available, firm, daily withdrawal peak capacities for the storage year 2016/2017 from 6:00 AM 14th of January 2017 to 6:00 AM 1st of February 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.

 
Offered Capacities
 
MFGT offers withdrawal peak capacities with the following parameters:
 
1.      The following peak capacity can be booked in the storage year 2016/2017 in the period lasting from 6:00 AM 14th of January 2017 to 6:00 AM 1st of February 2017:
withdrawal peak capacity: 40 000 000 kWh / day
 
2.      Fee of capacities offered:
withdrawal 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 withdrawal 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 withdrawal 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 withdrawal peak capacities, System User shall indicate its additional withdrawal 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 withdrawal 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:
dispatcher@mfgt.hu  (00 36 20 411 3368), csabam@mfgt.hu (00 36 30 268 9349), horvathh@mfgt.hu (00 36 30 748 9971), meggyesb@mfgt.hu (00 36 30 718 9343).
 
 
Budapest, 12th of January 2017
 
Annex No 1 User manual for booking Daily Peak capacity in the SMCS.pdf