26 November th Stakeholder Group Meeting of the Gas Regional Initiative North-West (GRI NW) Brussels, 26 November 2010 Mark Hobbelink Wiekens, GTS

Agenda a new cross border service –What is Link4Hubs? –How does it work? –Preliminary conclusions

GUD GTS ENDK What is Link4Hubs? Short term capacity assessment makes a new firm Day Ahead product possible Service enables the transfer of gas between the 3 grids A One-click service Capacity booking and nomination combined Enhance possibilities for day ahead cross-border gas trade and price arbitrage

Link4Hubs – how does it work? O n e C l i c k : T r a n s f e r o f g a s f r o m p o r t f o l i o i n o n e c o u n t r y t o p o r t f o l i o i n a n o t h e r c o u n t r y The TSOs arrange the underlying physical transportation The offered service is firm (we start by offering a small amount) Shipper TSO Contracts TSO actions One click received TSO A prepares exit-contract from country A TSO B prepares entry-contract and exit-contract through country B TSO C prepares entry-contract into country C All TSOs nominate to these contracts Shipper only sees new cross- border service contracts GUD GTS ENDK

Some preliminary conclusions ResultsChallenges Common focus on market facilitation Successful inter TSO cooperation Co-operation agreement established Implemented very fast and within budget and deadlines! Positive customer feedback Common focus on market facilitation Successful inter TSO cooperation Co-operation agreement established Implemented very fast and within budget and deadlines! Positive customer feedback Three parties New international inter-TSO project organization Different contract and tax rules Differences in TSO IT-systems and internal procedures Cultural differences Three parties New international inter-TSO project organization Different contract and tax rules Differences in TSO IT-systems and internal procedures Cultural differences

 Registration started 1 June 2010  Operational since 1 July 2010 –Opening hours – business days between 9-11  Capacity available at the GTS side of Link4Hubs starts with a cap of 60 MWh/h More information on “in a nutshell”