astora allocates capacities at the Jemgum storage facility

Bundles with a total volume of 2.8 terawatt hours to be offered

Kassel, 11 February 2016. Natural gas storage operator astora will be offering capacities via the exchange platform store-x for the storage year 2016/2017. The capacities will be allocated in two separate keyed procedures on Tuesday, 1 March 2016, and on Wednesday, 2 March 2016.

Keyed procedure on 1 March 2016

The keyed procedure comprises one bundle with a working gas volume of approximately 0.7 TWh. The complete working gas volume for injection is supposed to be handed over to astora as a fixed-quantity (flat) delivery at the Virtual Trading Point GASPOOL from 1 April 2016 to 1 October 2016. In accordance with the regulation of “BEATE”, the working gas volume will be available in the discounted storage account of GASCADE as of 1 November 2016.

For utilising the working gas volume, a firm withdrawal rate of 1,100 MWh/h and a firm injection rate of 700 MWh/h are available to the storage customer at the grid connection points to GTS and GASCADE from 1 November 2016 to 1 April 2017. 

Volumes injected after 1 November 2016 are charged with a variable storage fee of 50 ct/MWh. In addition, astora allocates interruptible entry capacities free of charge to the storage customer into the GASCADE transmission network from 1 December 2016 to 1 April 2017.

Bids can be submitted on 1 March 2016 from 9 a.m. until 12.00 noon (CET).

Keyed procedure on 2 March 2016

The keyed procedure comprises three bundles with a working gas volume of approximately 0.7 TWh each. From 1 April 2016 until 1 April 2017, the firm withdrawal rate of 1,000 MWh/h and the firm injection rate of 650 MWh/h are available at the grid connection points to GTS and GASCADE.

All injected volumes are charged with a variable storage fee of 50 ct/MWh. In addition, astora allocates firm transmission capacities free of charge for entry into and exit from the GTS transmission network.

Bids can be submitted on 2 March 2016 from 9 a.m. until 12.00 noon (CET).


Detailed documents are now available for download at www.store-x.net in the user section or at www.astora.de.

Irrespectively of the aforementioned storage products, as of 7 April 2016, astora offers storage costumers an optional service for transferring customer-specific REMIT-data.

astora GmbH & Co. KG, based in Kassel, Germany, is one of the largest natural gas storage operators in Europe. The company maintains one of the largest natural gas storage facilities in Western Europe at Rehden in Northern Germany, which has a working gas volume of more than four billion cubic metres. In addition, the storage company also holds capacities in the second largest storage facility in Central Europe, located in Haidach, Austria. In order to secure natural gas supplies to Europe, the company is currently developing the Jemgum natural gas storage facility on the German-Dutch border.

Contact

Phone: +49 30 20195-0
presse@gazprom-germania.de

 

 

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