Annual and multi-year allocation

14/05/2021

OLT Offshore LNG Toscana, pursuant to Resolution 190/2021/R/Gas approved by ARERA on May 11^th, 2021, publishes the criteria for the calculation of the reserve price for the allocation of the continuous regasification capacity, with relation to annual and multi-year allocation processes.

Annual and multi-year allocation without expression of interest

18/06/2021

Following the publication occurred on June 15^th, 2021 related to the Continuous Capacity available from the first to the twenty-fifth Gas Year following the one in which the allocation is carried on –  e.g. from Gas Year 2021/2022 to Gas Year 2033/2034 – OLT hereby informs that the annual and multi-years capacity auctions without expression of interest will be held from July 5^th, 2021.

The full calendar is available here below.

15/06/2021

Pursuant to Clause 2.1.5.3 of the Regasification Code OLT Offshore LNG Toscana publishes the Continuous Capacity available from the first to the twenty-fifth Gas Year following the one in which the allocation is carried on –  e.g. from Gas Year 2021/2022 to Gas Year 2033/2034 – for the purpose of the annual and multi-year allocation process without expression of interest.

Within June 30^th, 2021 each Applicant that meets the Service Conditions shall:

• sign the capacity commitments in accordance with the provisions of Clause 2.1.7 of the Regasification Code;
• provide adequate financial guarantees in accordance with the provisions of Clause 3.1.1.1 of the Regasification Code.

In order to participate in the capacity allocation, the Applicant must be eligible to operate on the Regasification Auction Platform in accordance with the relevant rules.

Annual and multi-year allocation with expression of interest

24/05/2021

Following the communication of May 14^th, 2021 OLT publishes here below the calendar for the continuous capacity auctions with expression of interest to be held from June 7^th, 2021 through PAR Platform.

In order to participate in the capacity allocation, the Applicant must be eligible to operate on the Regasification Auction Platform in accordance with the relevant rules.

As anticipated by the GME, blank test sessions are scheduled on May 27th and May 28th, on PAR Platform. For any additional information about these tests, please contact ProveGas@mercatoelettrico.org.

14/05/2021

As provided for 2021, OLT Offshore LNG Toscana publishes here below the available Continuous Capacity, in a manner which conforms as far as possible to the expressions of interest received.

Within June 3^rd, 2021 each Applicant that meets the Service Conditions shall:

• sign the capacity commitments in accordance with the provisions of Clause 2.1.7 of the Regasification Code;
• provide adequate financial guarantees in accordance with the provisions of Clause 3.1.1.1 of the Regasification Code;

In order to participate in the capacity allocation, the Applicant must be eligible to operate on the Regasification Auction Platform in accordance with the relevant rules.

The offers can be presented through the PAR Platform from June 7^th, 2021 for the allocation procedure of regasification capacity offered in 155,000 m³liq capacity slots. This capacity will be offered as below:

• a product concerning Gas Years 2022/2023 – 2026/2027 with the possibility to request, after the award, the extension to the Gas Year 2032/2033;
• a product concerning Gas Years 2022/2023 – 2023/2024.

Update related to the multi-year allocation process with expression of interest

27/04/2021

OLT updates the calendar related to the multi-year allocation process with expression of interest for the Gas Year 2020/2021.

Unlike previous communication, by May 14^th, 2021, OLT will publish the Continuing Capacity making it available in a way that is as consistent as possible with any expressions of interest received.

Within June 3^rd, 2021 each Applicant that meets the Service Conditions shall:

• sign the capacity commitments in accordance with the provisions of Clause 2.1.7 of the Regasification Code;
• provide adequate financial guarantees in accordance with the provisions of Clause 3.1.1.1 of the Regasification Code;

To participate in the capacity allocation, the Applicant must be eligible to operate on the Regasification Auction Platform in accordance with the relevant rules.

The offers can be presented through the PAR, starting from June 7^th, 2021.

15/03/2021

Pursuant to Clause 2.1.5.2 of the Regasification Code approved by ARERA on 24/03/2020 with resolution 85/2020/R/Gas, OLT Offshore LNG Toscana publishes the Continuous Capacity available from the second to the fifteenth Gas Year following the one in which the allocation is carried on –  e.g. from Gas Year 2022/2023 to Gas Year 2033/2034 – for the purpose of the annual and multiyear allocation process with expression of interest.

The expressions of interest must be sent by April 15^th, 2021 to the address here below:

email – commercial@oltoffshore.it

PEC address – oltcommercial@legalmail.it

According to the expressions of interest received, OLT will prepare a proposal to the Authority for the capacity offer as part of the subsequent allocation process and, following such verification with the Authority, by May 5^th, 2021, OLT will publish the Continuing Capacity making it available in a way that is as consistent as possible with any expressions of interest received.

Each Applicant who meets the Service Conditions under Clause 2.1.1 of the Regasification Code shall:

• sign a Capacity Agreement pursuant to Clause 2.1.10 of the Regasification Code;
• provide adequate financial guarantees pursuant to Clause 3.1.1.2 of the Regasification Code;

by hr. 12:00 CET, May 26^th, 2021. The offers can be presented through the PAR, starting from May 28^th, 2021.