Adjustment contracted exit capacity

In article 6.A.12 of theTSC, the opportunity is offered to adjust down the contracted exit capacity. Especially for the connected parties this offers a substantial improvement in contracting the own long-term exit capacity.

Taking into consideration an announcement term of 24 months, the contracted capacity can be lowered by 20% without costs. This provision meets the industry’s desire to make the contracted exit rights dependent in the long-term on the expected operational management. A two-year horizon is regarded as reasonable by the market parties. This period is also useful for GTS, as it links up with the period in which investments in the infrastructure are prepared.

Once a year a shipper or ewex can decrease the contracted exit capacity at an industrial exit point by one percentage per gas month or per year for the remainder of the contract period observing a notice period of at least 24 months.

A decrease not exceeding 20% of the contracted exit capacity is free of charge.

For a decrease in excess of 20% but not exceeding 40% of the contracted exit capacity, shipper or ewex shall pay 10% of the tariff for the decreased capacity.

For a decrease in excess of 40% of the contracted exit capacity, shipper or ewex shall pay 20% of the tariff for the decreased capacity.

After processing the request GTS will send an adjusted contract data sheet and inform Shipper or ewex of the amount chargeable. Such amount is immediately due and payable from the moment GTS has informed shipper or ewex of the same.
The amount due is calculated on the basis of the most recently established tariffs at the time the adjusted contract data sheet is sent.