GSD Auction 20-11-2018

OPPORTUNITY TO RESERVE STORAGE CAPACITY IN SY2019

Published 9.11.2018 10.00
Auction 20 November 2018 10:00-12:00 (LET)

Gas Storage Denmark will conduct an auction for the option to reserve firm storage capacity of up to 1 TWh with duration of 1 year starting from 1 May 2019 06:00.

Successful bids in the Auction will result in the conclusion of an Option Agreement with Gas Storage Denmark that, if exercised prior to 1 March 2019 16:00, shall result in a concluded Standard Storage Agreement for storage capacity in SY2019.

The products on offer and the corresponding strike prices together with all other terms and conditions (incl. price guarantee) are described in the Auction Rules.

If you have any questions or comments please contact us.

 

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