Tariffs

On July 14th 2016 with Resolution 392/2016/R/Gas the Italian Regulatory Authority for Electricity Gas and Water established the regasification tariff for OLT Offshore LNG Toscana.

Regasification Tariffs - January 1st 2017 - December 31st 2017
Fee related to the contractual volumes of LNG Cqs (euro/liquid cm/year) 23.008974
Fee related to the dismantling costs Crs (euro/liquid cm/year) 0.078779
Fee for the transportation measurement service CMR (euro/liquid cm/year) 0.017446

Pursuant to article 4 of resolution 392/2016/R/Gas the above tariffs will be promptly updated, where necessary, following the principles set forth by the Council of State in its decision about the dispute of OLT Offshore LNG Toscana S.p.A. against tariffs 2015 determination.

On December 17th 2015 with Resolution 625/2015/R/Gas the Italian Regulatory Authority for Electricity Gas and Water established the regasification tariff for OLT Offshore LNG Toscana.

Regasification Tariffs - January 1st 2016 - December 31st 2016
Fee related to the contractual volumes of LNG Cqs (euro/liquid cm/year) 23.699105
Fee related to the dismantling costs Crs (euro/liquid cm/year) 0.074538
Fee for the transportation measurement service CMR (euro/liquid cm/year) 0.017541

The tariffs above, established by Resolution 625/2015/R/Gas, could be updated as stated by the Italian Regulatory Authority for Electricity Gas and Water itself that in the same resolution informed about possible tariffs update following the outcome of the dispute of OLT Offshore LNG Toscana S.p.A. against tariffs 2015 determination.