Open season

Update information on 26.9.2018

DEADLINE FOR CLOSING THE SECOND ROUND OF THE OPEN SEASON PROCEDURE IS BEING PROLONGED

LNG Croatia is taking this opportunity to inform all interested companies that the deadline for closing the second round of the Open Season procedure is being prolonged from 28th September 2018 to 20th December 2018.

Since LNG Croatia has received additional requests from interested terminal users to extend the submission deadline, LNG Croatia in cooperation with Plinacro and FGSZ aligned a new time schedule for the Open Season procedure.

New time schedule for the Open Season procedure execution will be sent to all registered applicants.

 

Update information on 02.08.2018

DEADLINE FOR CLOSING THE OPEN SEASON SECOND ROUND IS PROLONGED

LNG Croatia is taking this opportunity to inform interested companies that the deadline for closing the Open Season second round is being prolonged.

As initially planned, deadline for closing the second round of the Open Season procedure is 3rd of August 2018. Since LNG Croatia received requests from interested terminal users to extend the submission deadline, LNG Croatia in cooperation with Plinacro and FGSZ aligned a new time plan for the completing of the Open Season procedure.

Considering that interested terminal users are still in the negotiations procedure with potential LNG suppliers and that finalising negotiations about LNG supply is key for finalizing binding offers which LNG Croatia expects as a result of the Open Season second round, deadline for the binding offers submission will be on 28th of September 2018.

The new time schedule for the Open Season procedure execution with new deadlines will be sent to the registered applicants.

 

Update information on 22.06.2018.

CALL FOR THE SUBMISSION OF BINDING OFFERS IN THE SECOND ROUND OF THE OPEN SEASON PROCEDURE

In accordance with the earlier announcement and following the market circumstances and requirements of the potential terminal users, the second round of binding phase of the Open Season process was postponed from 23rd April to June 22nd, 2018. We are taking this opportunity to inform all the interested companies that the second round is officially opened and that the deadline for offer submission is August 3rd, 2018 in accordance with the Rulebook.

All registered applicants will receive the newest version of Rulebook together with the associated annexes. We are taking this opportunity to inform all the interested energy entities to register in order to receive the documentation and to participate in the Open Season process.

For more information regarding the binding phase of the Open Season process and registration procedure please send your inquiries on the e-mail address: open_season@lng.hr

We are reminding all the potential users that LNG Croatia and Plinacro (transmission system operator) want to realize the LNG Project together, which includes the construction of the LNG terminal on the island of Krk together with the connecting gas pipeline. LNG Croatia has aligned the Open Season procedure as well as the time schedule with the Open Season procedure of Plinacro for the transmission system capacity booking.

More information regarding the Open Season procedure of Plinacro can be found on the following link.

USEFUL DOCUMENTS FOR INFORMATION PURPOSES WHICH CAN BE DOWNLOADED:

New rules of operation of liquified natural gas terminal

Methodology for LNG tariff items

Decision on LNG indicative tariffs

Decision on TSO indicative tariffs

 

NEW RULES OF OPERATION OF LIQUEFIED NATURAL GAS TERMINAL HAVE BEEN ADOPTED

Following the public consultation on the Proposal of the rules of operation of liquified natural gas terminal, LNG Croatia LLC, as an LNG Terminal Operator, has modified the document according to the comments received and submitted a Proposal of the rules of operation of liquified natural gas terminal for the approval of Croatian Energy Regulatory Agency, in line with the Gas Market Act (Official Gazette, No. 18/18). Managing Board of the Croatian Energy Regulatory Agency has adopted new Rules of operation of liquified natural gas terminal on session held on 21st June 2018.

DOCUMENTS FOR DOWNLOAD:

New rules of operation of liquified natural gas terminal

Answered questions and remarks received during the public consultation

 

Update information on 28.5.2018.

LNG Croatia LLC., as a terminal operator, informs the interested public about the beginning of the public consultation on the Proposal of the Rules of operation of liquefied natural gas terminal and invites energy subjects together with all the interested and professional public to submit their comments and opinions. Public consultation will be held from May 28 to June 12, 2018.

More information can be found HERE

 

Update information on 20.4.2018.

Considering the fact that during the implementation of the non-binding phase of the Open Season process, interest in capacity booking was higher than in the first round of the binding phase of the Open Season process and requests for extension of the binding offer preparation period have been received, LNG Croatia in cooperation with Plinacro d.o.o. and FGSZ aligned a new time plan for the rest of the binding phase in the Open Season process.

Taking into account that potential users are still considering and studying new laws, regulations and other acts regulating the gas market (Rules of operation, Maritime Study, Environmental Impact Study, Proposal of the LNG Terminal Act), which are crucial for making long-term business decisions of this kind, LNG Croatia has decided to move the opening of the second round for submission of binding offers in the Open Season procedure for June 22nd 2018.

By moving the opening of the second round of the procedure, users will have an additional time period for bid preparation which should lead to maximization of booked capacity and consequently in greater project competitiveness, greater security of supply in the region and lower total costs of all LNG infrastructure users.

LNG Croatia is taking this opportunity to inform users that, during the first round, requests to participate in the binding phase of the Open Season process were received from potential bidders, who were not registered in the previous phase. In order to expand the number of potential users and thereby enable project competitiveness, new participants will be able to register, in line with the new deadlines presented in the Rules for carrying out the binding phase of the Open Season procedure.

The second round for submission of binding offers will be conducted in accordance with the planned activities in Rules for carrying out the binding phase of the Open Season procedure, whereby the new time schedule for the Open Season process implementation with new deadlines will be sent to the registered applicants.

 

Update information on 26.2.2018

Following the announcement of the Public Consultation documents, we are publishing the following forms on which you can also send your remarks:

Annual Schedule Request for Allocation of Capacities

Form of Agreement of Transfer of Unused Liquefied Natural Gas Terminal Capacities

Form of Daily Nomination for LNG Regasification Services

Form of LNG Discharge Order

Joint Terminal Use Agreement

Monthly Scheldule Request for Allocation of Capacities

Request for Allocation of LNG Regasification Capacities

 

 

Update information on 16.2.2018

We would like to inform you that due to some changes in the  Rules of Operation of Krk Liquefied Natural Gas Terminal and multiple requests from the potential applicants to extend the period for document inspection, Plinacro, FGSZ and LNG Croatia decided to postpone the start of the binding phase of the Open Season procedure. The announcement of the call for the submission of the binding bids is shifted to March 19th 2018.

Due to described changes in the time schedule, all involved parties (LNG Croatia, FGSZ and Plinacro) will prolong the period for registration until the announcement of the call for the bid submission (March 18th 2018).

Already registered Applicants will receive RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE by e-mail.

 

Update information on 17.1.2018

LNG Croatia announces the start of the Final Open Season procedure.

In order to access the RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE, please contact OPEN_SEASON@LNG.HR and you will be given further instructions.

Already registered Applicants will receive RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE by e-mail.

Please be informed that more information regarding The binding phase of the Open Season procedure of Plinacro can be found on the following link: http://www.plinacro.hr/default.aspx?id=855.

Questions&Answers 1

Questions&Answers 2

 

Update information on 4.1.2018 - The start of the Open Season process is being postponed for one week due to the request of the competent institutions. Therefore, planned launch of the final Open Season phase will be between January 15th and January 20th.

 

Update information on 22.12.2017 – LNG Croatia will start a Final Open Season procedure

Please be informed that Final Open Season phase will be launched on January 8th 2018.

More information on the Final Open Season will be available in the RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE.

In order to access the RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE, please contact open_season@lng.hr and you will be given further instructions.

Already registered Applicants will receive RULES FOR CARRYING OUT THE BINDING PHASE OF THE OPEN SEASON PROCEDURE by e-email.

 

Update information on 27.11.2017

Following the publication of the Public Consultation documentation, we publish the following forms at which you can also send your remarks:

Annual Schedule Request for Allocation of Capacities

Form of Agreement of Transfer of Unused Liquefied Natural Gas Terminal Capacities

Form of Daily Nomination for LNG Regasification Services

Form of LNG Discharge Order

Joint Terminal Use Agreement

Monthly Schedule Request for Allocation of Capacities

Request for Allocation of LNG Regasification Capacities

 

The company LNG Croatia LLC announced an invitation to book the capacity of the LNG terminal on a long-term period. This is a unique opportunity for LNG suppliers, gas traders and companies already involved in wholesale of natural gas in Central Eastern and South Eastern Europe to diversify the transport route and source of natural gas via LNG terminal on the Island of Krk. To book the capacity prior to the construction of the LNG terminal, potential customers could have participated in the Open Season procedure. A two step procedure was anticipated. The first step was a non-binding step in which a potential customer was able to submit a non-binding offer to book the capacity of the LNG terminal. Based on the received offers and total available capacity LNG Croatia LLC will give a proposal on capacity allocation. If satisfied with the capacity allocated, potential customers can proceed to the second step of the Open Season procedure and submit the binding offer. After the binding offer is accepted, customer will be able to sign a long term contract with LNG Croatia LLC in order to finally book the previously allocated capacity.

Update information on 16.06.2017 – Regarding the development of the Open Season procedure LNG Croatia is planning to start a Market consultation as the first step of the Open Season Binding Phase procedure.

It is envisaged that the Open Season Binding Phase will be performed in three stages:

    1st stage: Market consultation;

    2nd stage: Preliminary Open Season;

    3rd stage: Final Open Season.

More information on the Open Season will be available on 23rd of June in the OPEN SEASON BINDING PHASE UPDATE PROCESS PAPER.

In order to access the OPEN SEASON BINDING PHASE UPDATE PROCESS PAPER, please contact open_season@lng.hr and you will be given further instructions.

More information on the project can be found on this presentation.

Update information on 08.06.2016 - The Government of Republic of Croatia has, at its 27th session, adopted the conclusion on speeding-up of activities on realization of construction of LNG terminal on the Island of Krk as an important factor in the diversification of natural gas supply as well as enhancement of security of natural gas supply for the countries of Southeast Europe. Based on the conclusion on the change of the project concept LNG Croatia has started to develop the phase of the project which includes construction of the floating terminal for storing and regasification of natural liquefied gas.

Up-date information on 31.10.2015. - LNG Croatia LLC has announced the successful completion of the process of final expression of interest for capacity booking for the 2015 Open Season. The final step of the binding open season process was planned to be continued through the preparation and signature of the LNG Terminal service contract with the qualified LNG Terminal users.

Update information on 31.07.2015. - LNG Croatia LLC has prepared instructions for terminal users that have participated in non-binding phase on how to participate in the binding phase of Open Season procedure. Instructions could be found in the 07/2015 binding phase Open Season Process Paper.

More information on the 2015 Open Season Procedure could be found in the 01/2015 Open Season Process Paper.

 

 

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