Submission date for Non-Binding phase of Open Season procedure for GIPL extended

Wednesday, 19 August 2015

Following the first requests received from the market players by 14 August 2015, indicating interest in Gas Interconnection Poland-Lithuania (GIPL) capacity, the Polish and Lithuanian gas transmission system operators, Gas Transmission Operator Gaz-System S.A. and AB Amber Grid, have jointly agreed to extend the submission date of the Capacity Request Forms for the Non-Binding phase of the Open Season procedure, which was started in July 31 2015, Amber Grid reports.

On account of that, the market participants are invited to submit the Capacity Request Forms specifying their demand for the firm capacity, in line with the provisions of Rules of Non-binding phase of the Open Season procedure for the Gas Interconnection Poland-Lithuania, until 31 August 2015, 16:00 (CET) at the latest.

During the Non-Binding phase of the Open Season procedure the Polish and Lithuanian gas transmission system operators seek to estimate the market participants' demand for the firm capacity at the Entry/Exit Point Poland-Lithuania of the GIPL in both directions of the gas flow.

The outcome of this phase of the Open Season Procedure will result in respective decisions on launching the Binding Open Season Procedure, where the binding orders on capacity booking will be collected.

The main aim of the Gas Interconnection Poland-Lithuania Open Season Procedure is to identify confirmed market interest in the long-term use of the pipeline capacity as well as to define the optimal way of financing of the project.

Powered by Elxis - Open Source CMS