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UGS Grijpskerk storage tariff & terms and conditions

NAM is pleased to offer services to third parties from its underground storage facility in Grijpskerk. NAM does this while maintaining its position that the UGS Grijpskerk should not be considered a gas storage facility as defined in the Gas Act.

Based on the information obtained via a market survey and discussions with market parties NAM has developed two storage services with the objective to meet the needs of potential customers. The standard gas storage service contracts detailing the terms and conditions of the available services are available below.

NAM is now offering the available services in the period 1 April 2010 – 31 March 2011. The booking window closes 30 September 2009.

 

Description of the Services and Tariffs

Long gas storage service

Short gas storage service

Method of sale and allocation

Disclaimer

 

Description of the Services and Tariffs

 

Two bundled storage services are defined at the underground storage facility in Grijpskerk. 

 

Long gas storage service

 
Working volume111.111111 GWh Superior (Gross) Calorific Value
Production capacity166.667 MWh/hr but subject to the conditions as described in the standard storage contract for this service.
Injection capacity36.944 MWh/hr
Contract periodStart date 1 April 2010 with a contract period of 1 year until 31 March 2011.
Contract durationStandard contract duration is 12 months.

 

The storage service for the period 1 April 2010 until 31 March 2011 will be offered in units of 1 bundle at a cost of  € 1,127,933 per bundle per annum (price level 2010).

The bundle fee is subject to annual price index escalation by 25% of the change in CPI (Consumer Price Index, all households, derived, 2006 = 100).

 

Short gas storage service

 
Working volume29.166667 GWh Superior (Gross) Calorific Value
Production capacity83.333 MWh/hr but subject to the conditions as described in the standard storage contract for this service.
Injection capacity18.611 MWh/hr
Contract periodStart date 1 April 2010 with a contract period of 1 year until 31 March 2011.
Contract durationStandard contract duration is 12 months. Monthly contracts, based on the bundle described above, can be discussed from 1 January 2010.

 

The storage service for the period 1 April 2010 until 31 March 2011 will be offered in units of 1 bundle at a cost of  € 527,748 per bundle (price level 2010).  

 

The bundle fee is subject to annual price index escalation by 25% of the change in CPI (Consumer Price Index, all households, derived, 2006 = 100).

 

The Service, Tariffs, Terms and Conditions

The service and all applicable tariffs, terms and conditions of the available services (based on a 12 month contract) are detailed in the relevant standard gas storage service agreements including the Operating and Trading Manual.

 

Method of sale and allocation

The indicative total bundled capacity on offer is: 

 

 
PeriodProduction capacity
MWh/h
Injection capacity
MWh/h
Working volume
GWh
1 April 2010 – 31 March 20112,5005541,667

 

Currently the following bundled storage capacity is available:

 

 

 
PeriodProduction capacity
MWh/h
Injection capacity
MWh/h
Working volume
GWh
1 April 2010 – 31 May 2011000

 

 

The amount of capacity on offer to third parties will be reviewed regularly. Due to unforeseen circumstances unsold capacity may be reduced or withdrawn.

Contracts may be refused if hoarding is suspected.

The booking round for the available storage services in the period 1 April 2010 – 31 March 2011 has closed on 30 September 2009. As a result all available capacity has been awarded. A detailed description of the booking and allocation process applied is available in USG Grijpskerk Storage Service Offer 2010-2011 (Pdf, 68 Kb).

 

Contact

Parties interested in booking gas storage services can request further information by contacting NAM,  Maarten van IJcken (0592-364245) for more information.

 

Disclaimer

These tariffs and conditions constitute an offer and are being furnished to prospective customers in considering their interest in acquiring gas storage services. Any subsequent agreement for gas storage services is subject to negotiation and availability of the service.

This publication of indicative tariffs and conditions and any negotiation or agreement for gas storage services which NAM may enter into do not imply that NAM's underground storage facilities are gas storage facilities as defined in the Gas Act. See Position Paper  (Pdf, 181 Kb).

 

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