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REGASIFICATION SERVICES
The Ministerial decision taken on the 20th of October 2009 approving tariffs for use of LNG terminals fixes a basic price comprising 5 terms:
The Ministerial Decision of 20th October 2009 sets the Tariff Scale for each Terminal:
TND | €40,000 * T |
|---|---|
TQD | Continuous service: €0.84 / MWh (0°C) unloaded |
TUCR | €0.18 x Q x N |
TR | Continuous service: €0.21 x | Qh - Qe | |
TN | 0.5% of quantities unloaded |
* T = number of cargoes unloaded over the year
* Q = quantity of LNG unloaded over the year in MWh (0°C)
* Qe = quantity of LNG unloaded during the summer (1 April to 30 September), in MWh (0°C)
* Qh = quantity of LNG unloaded during the winter (1 October to 31 March), in MWh (0°C)
* N = average time between two tanker arrivals, expressed in fractions of months: N = min (12 / T; 1)
TND | €40,000 * T |
|---|---|
TQD | Continuous service: €1.024 / MWh (0°C) unloaded |
TUCR | €0.18 x Q x N |
TR | Continuous service: €0.27 x | Qh - Qe | |
TN | 0.3% of quantities unloaded |
* T = number of cargoes unloaded over the year
* Q = quantity of LNG unloaded over the year in MWh (0°C)
* Qe = quantity of LNG unloaded during the summer (1 April to 30 September), in MWh (0°C)
* Qh = quantity of LNG unloaded during the winter (1 October to 31 March), in MWh (0°C)
* N = average time between two tanker arrivals, expressed in fractions of months: N = min (12 / T; 1)
Tariffs for Early and Send-Out Postponement Service
The tariff for using the Early and Send-Out Postponement Service is defined by:
• A fix Term comprising the Terminal Operator Management Costs
• A Fluctuant Term proportional to the Early or Send-out Postponement days number.
Tarif = Fg + Nj × €7 500
where :
Fg = Fixed Management Costs with €10 000 by Early or Send-out Postponement request ;
Nj = Number of days requested (1 or 2 days) for Early or Send-out Postponement.
Transfer of LNG Inventory
The LNG Marketplace access tariff is the sum of the following two terms:
Penalty for Late Cancellation of a Scheduled Unloading Operation
Any Shipper cancelling an Unloading operation scheduled for Month M shall be subjected to a penalty of fifty percent (50%) of the tariff set down in article 9.1 and applied to the cancelled
Unloading operation if:
o three (3) or less days' notice is given; and
o this Unloading is not re-scheduled within Month M or within the first five (5) days of Month M+1; and
o the Window of Arrival could not be used by another Terminal User.
This penalty does not apply in the event of force majeure, as defined in article 14.
The amounts payable for each of these terms are added to the monthly invoice for each user of the LNG Terminal.
Ship or Pay
The contract includes a minimum payment obligation on the part of the Shipper to pay 95% of annual commitments, excluding the gas in kind term, on the basis of quantities unloaded and the number of cargos booked per terminal.
SHIP RELOADING SERVICE
Tariff of the Ship Reloading Service at the Montoir-de-Bretagne LNG terminal
TFR | 240 000 € per reloading |
TVR | 0.16 €/MWh (0°C) reloaded |
Tariff is to be paid by the Shipper as long as notice of the Reloading Schedule is given by the Operator.
Penalty for late cancellation: If five or less days' notice is given, any Shipper cancelling a scheduled reloading operation shall be subject to a penalty of 50% of the tariff set down for the ship reloading service. This penalty does not apply in the event of force majeure. The LNG terminal access contract states precisely terms and conditions associated with this penalty.
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