Following the action’s results, contracts with 11 customers for total volumes about 2 bcm of gas will be signed. Gas will be supplied to clients during the winter season 2016/2017.
Like at the 1st auction held in September 2015, gas was offered at Greifswald, Gaspool and Olbernhau delivery points. In addition to these points the customers were offered an opportunity to take gas at Baumgarten and Arnoldstein.
“We are satisfied with the results of the auction. The fact that once again we have been able to sell additional gas volumes at the direction where we tested the first auction sales last year proves that this trading model worked not only once but is able to be used regularly. Gas sales on an auction basis complements our deliveries within the long-term contracts. We are aimed at conducting gas auctions in the future.”, — said Elena Burmistrova, Director General of Gazprom Export LLC.
“Gas auctions represent a good additional opportunity to market natural gas in Europe. In addition to traditionally strong interest to Greifswald delivery point, during the latest auction about one quarter of the total volumes was sold with a delivery to Austrian Baumgarten. — said Alexander Medvedev, Deputy Chairman of Gazprom’s Management Committee. — Interestingly, not a single lot was sold at the OPAL direction. It proves that OPAL pipeline capacities are still demanded by nobody but Gazprom”.
Gazprom Export carried out the first gas auction in September 2015. Addressing the challenges of the evolving energy market, the company tested a new mechanism of sales for gas delivered via the Nord Stream pipeline. As a result over 40 lots were sold to 15 clients, with a total volume of over 1.2 bcm of gas.
The auction for the gas supply to the Baltic States in the 2nd, 3rd and 4th quarters of 2016 was held by Gazprom Export in March 2016. At the auction more than 80 lots were sold to 6 clients with a total volume of more than 420 mcm of gas.
The 3rd gas auction was announced on July 14, 2016.
26 Ноября 2024 | вторник | 23:14
