Madrid, 29 th January th RCC Meeting South Gas Regional Initiative

2 8th RCC meeting S-GRI- Agenda

3 II. Work program for 2010 INTERCONNECTION CAPACITIES OSP: to continue allocating short term capacity at Larrau, November OS: to monitor infrastructure construction associated to 2013 OS French TSOs and CRE to report on French investments decisions, January TSOs to provide a list of infrastructures, cost and operational start dates, 15 th February OS: to launch 2015 OS Regulators to decide on economic test, tariff visibility and capacity products, January TSOs to provide a list of infrastructures, investments cost and services availability dates, February Regulators and TSOs to communicate Stakeholders the procedure details, early March Final documentation and procedure launch, to be decided Stakeholders to sign contracts before August 4.Regional investment plan to be developed: Regulation 715/2009 (art. 12), December

4 II. Work program for 2010 INTEROPERABILITY 1.Study on CMPs at interconnection points: current status in each country, characterization, identification of problems taking into account CAM/CMP ERGEG paper, future action plan to solve them at the borders (Regulation715/2009, art. 16), October (Possibility to have different timetable for the interconnection Fr-Sp, Pt-Sp) 2.Study on compatibility between LNG terminals and interconnected pipeline networks: regulation 715/2009, art. 17, to be developed once fulfilled the first priority TRANSPARENCY 1.Update of Regulators 2007 Transparency Study: 1 st to check compliance (regulators) September with Regulation715/2009, 2 nd to invite comments by Stakeholders afterwards 2.TSOs to update building status records of OS infrastructures, June and December 3.TSOs to report on ENTSOG progress, quaterly REGULATORY HARMONIZATION 1.Regulatory proposals regarding common trading licence between Pt-Sp, Done January 2.Comparative study on cross border access tariffs between Pt and Sp, July 3.Regulatory proposal regarding cross border access tariffs between Pt-Sp, November, and Public Consultation on the proposal, December

5 III. Open Season Procedures III. Open Season Procedures Second Phase of 2015 OS STRUCTURE IN THE FRENCH NETWORK Information by CRE

6 III. Open Season Procedures III. Open Season Procedures Second Phase of 2015 OS CREs PROPOSAL ON ECONOMIC TEST, CAPACITY PRODUCTS AND OS PHASES Information by CRE

7 III. Open Season Procedures III. Open Season Procedures Second Phase of 2015 OS CNE COMMENTS ON CREs PROPOSAL: POINTS TO BE CLARIFIED 1.What are the infrastructures, investments costs and the annual recovery via TPA tariffs if building …? Irún-Biriatou project Midcat project: capacities at the border 2.What will the tariffs be in France in each possibility mentioned above…? TPA tariff structure TPA entry/exit tariffs values /MWh/day/year 1. Buliding 60 GWh/day 2. Building 100 GWh/day 1. Buliding 180 GWh/day 2. Building 80 GWh/day 3. Building 0 GWh/day

8 III. Open Season Procedures III. Open Season Procedures Second Phase of 2015 OS MIDCAT +IRÚN INVESTMENTS: Biriatou TIGF X1 MIDCAT TIGF X2 Artére Midi X3 Artére Rhône X4 X1+X2+X3+X4 MIDCAT MC2 INVESTMENTS: MIDCAT TIGF Artére du Midi Artére du Rhône X2+X3+X4 MIDCAT MC1 INVESTMENTS: MIDCAT TIGF CS Montpellier X5 Artére Rhône X2+X4+ X5 MIDCAT MC0 INVESTMENTS: MIDCAT TIGF Artére Rhône X2 + X4 IRÚN/BIRIATOU INVESTMENTS: Irún/Biriatou X1 N S GWh/d GWh/d N S 144 GWh/d 184 GWh/d N S 64 GWh/d 184 GWh/d N S 0 GWh/d 184 GWh/d N S 48 GWh/d

9 III. Open Season Procedures III. Open Season Procedures Second Phase of 2015 OS CAPACITY PRODUCTS TO BE OFFERED (for discussion) Midcat project: 1.Products: Spain- France: Spain-TIGF, Spain-GRTgaz South or Spain-TIGF and Spain-GRTgaz South TIFG-GRTgaz South GRTgaz South-GRTgaz North 2.Capacity (GWh/day) at every interconnection point 3.Capacity availability date (start of the services) 4.Multiannual / multiseasonal capacities 5.Firm/interruptible capacities Irún project: new capacities from South to North and vice versa, date of capacity availability

10 IV. Developments between Spain and Portugal UPDATE OF WORK: PROGRESS ON THE COMMON TRADING LICENSE A proposal containing required regulatory changes have been already sent to Ministries Information by ERSE and CNE

11 IV. Developments between Spain and Portugal Objective: To develop a proposal of cross border access tariffs between Spain and Portugal. It is an important step in order to reach the harmonization/integration of gas markets Creation of a task-force between ERSE and CNE to prepare a joint proposal for cross border access tariffs between the Spanish and Portuguese systems. CROSS BORDER ACCESS TARIFFS BETWEEN SPAIN AND PORTUGAL

12 IV. Developments between Spain and Portugal CROSS BORDER ACCESS TARIFFS BETWEEN SPAIN AND PORTUGAL 1.Develop comparative study of current cross border access tariffs between Spain and Portugal Identify the problems and main impacts for Iberian network users. We need to analyze the distortions and difficulties that cross border access tariffs between Spain and Portugal may pose for the creation of an Iberian market due to a possible pancaking effect, and to separate treatment of cross-border and domestic flows. 2.Making a proposal of harmonization cross border access tariffs Cross border access tariffs should facilitate the development of Iberian Market. 3.Public consultation process of the document conducted by CNE and ERSE