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Capacity auction - HAG 2011/2012 gas year

Dear Partners,

Please, be informed that for the „Osztrák-magyar határ betáplálási pont Baumgarten felől” network point (network code KAMOSONM1IIN) we have experienced capacity oversubscription for the free capacity for the 2011/12 gas years remaining after the capacity demands and the capacities allocated on the basis of regulation NFM 13/2011 and after the separation of 10% of the physical capacity according to 70/A § 1. point of the GET coming into force on 1 July 2011.

Based upon section (h) 8.4.3.1.3. of the Network Code (ÜKSZ), in case of capacity oversubscription the allocation of free capacities should be performed in a capacity auction procedure.

Taking all these into consideration, FGSZ Ltd. will launch an auction

for the network point „Osztrák-magyar határ betáplálási pont Baumgarten felől”
(network code: KAMOSONM1IIN) for the capacity of 16 898 304 MJ/day
for the period between 6:00 1. July 2011 and 6:00 1. July 2012
between 10:00 and 11:00 a.m. on 13th May 2011.

System users, whose capacity demand was submitted before 28 February 2011 and is in compliance with the relevant points of ÜKSZ after the procedure of filing missing documents and thus are entitled to participate in the capacity auction, are informed separately parallel with the present Newsletter.

The entitled System users intending to participate in the auction should send the Application form to FGSZ. Ltd. till 16:00 9 May 2011 per letter or telefax (+36-84-505-218).

The data supplying obligation regulated in (e) point 8.4.7.1. of ÜKSZ are treated by FGSZ Ltd. as fulfilled upon the documents submitted during the capacity demand procedure.

We would like to draw your attention that if the bids submitted during the auction are over the published capacity, they are invalid on the basis of (k) 8.4.7.5. of ÜKSZ and the system doesn’t accept them.

FGSZ Ltd. informs the System users about the result of the auction immediately through the messages generated by the system automatically, the official notice will be sent by FGSZ Ltd. for the participants the next working day at the latest.

FGSZ Ltd. gives the following opportunities for testing the auction system on https://eip.test.fgsz.hu surface:

10:00 – 11:00 3. May 2011.

14:00 – 15:00 3. May 2011.

10:00 – 11:00 5. May 2011.

14:00 – 15:00 5. May 2011.

10:00 – 11:00 10. May 2011.

14:00 – 15:00 10. May 2011.

10:00 – 11:00 12. May 2011.

14:00 – 15:00 12. May 2011.

We would like to further inform you that the deadline of submitting capacity demands according to 8.4.3.1.5. point of ÜKSZ has been extended by FGSZ Ltd. till 20 May 2011 due to the time demand of the auction process.

Yours sincerely

FGSZ Ltd.

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