GRTgaz

NorthSouth Link Capacities Sales Organization Considering Future France – Spain

Developments

5th SG meeting of S-GRI in Madrid

GRTgaz

Context

ERGEG – South GRI : regional step for an opened gas market in Europe

Increasing France-Spain interconnection capacities • TIGF-ENAGAS: Larrau and Biriatou (2013)• TIGF-GRTgaz-ENAGAS: new capacity MidCat

(2015)

GRTgaz

+55GWh/d in 2013 to Spain

+87GWh/d in 2013 to Spain

+180GWh/d in 2015 to Spain

230GWh/d end 2010

Capacities

+230GWh/d in 2015 to France

+165GWh/d in 2013 to France

+35GWh/d in 2013 to France

GRTgaz

Sales Capacities MechanismsOSP : for existing or decided capacities• Capacities sold for 4 years maximum• The aim : new market players would have the possibility to subscribe capacities

OS : futures capacities• Ask the market • Engage shippers to subscribe the new capacities once available • Subscription period 10-15 years• The aim: helping investment decision

Both mechanisms will be used to ensure selling capacities in the NorthSouth linkTwo different situations treated independently:• North to South Link• South to North Link

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North to South Link

Totally booked Link• Last OSP result (January 2008): demand exceeds offer, all capacities

subscribed• Capacity developments in the North zone (Tansières, LNG terminals…)

Open Season in 2008 for new capacities available on 1st January 2015Until then, existing capacities will be sold by OSP

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North to South Link: Calendar OSP mi-2010 (dispo avril 2011) OSP mi-2011

(dispo avril 2012)OSP mi-2012(dispo avril 2013)

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South to North LinkUnderbooked Link• Last OSP result (January 2008) : 10% of total capacities subscribed,

200GWh/d available after 2011• New capacities Larrau + Biriatou in 2013 : 200GWh/d• Other possible developments from now to 2015 :

MidCat Le Verdon Fos Storage South of France

Interconnection project with Spain: MidCat• Open Season in 2009 about South to North Link coordinated with MidCat• Additional needs in the North to South Link might be taken into account

Capacities available on 1st January 2015Until then, existing capacities will be sold by OSP

Possible congestion on the South to North Link

Capacity South to North still available

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South to North Link: Calendar

GRTgaz

Schedule Proposal2008 Open Season North to South Link

capacities available on 1st January 20152009 Open Season South to North Link

NS additional needs might be taken into accountcapacities available on 1st January 2015

OSP in North to South Link until 1st January 2015• mid-2010 OSP North to South Link; capacities available in April 2011• mid-2011 OSP North to South Link; capacities available in April 2012• mid-2012 OSP North to South Link; capacities available in April 2013

OSP in South to North Link, until 1st January 2015• Existing capacities for identified needs until the end 2014• OSP every month