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Terminal capacities are allocated on the basis of slots, intended as standard range of periods of time and standard range of LNG volumes. In the first stages of the annual capacity allocation procedure the terminal company evaluates how much the market demand might be for the next year. On basis of that the preliminary schedule for next year is created. The slot sizes and their lengths may vary depending on the season. The slots are allocated as part of either the long-term capacity allocation or the annual capacity allocation procedure. After the annual capacity allocation procedure has been completed, the remaining slots will be offered as spot slots.
In case of commercial congestion – i.e. more than one user asking for the same capacity slot – slots are allocated to the applicants in proportion to their requests and rounded to the closest integer. When, due to rounding effect, there are remaining slots, these are allocated to the applicants with the largest difference between the requested and allocated slots. In the case of multiple applicants with the same difference, the terminal operator reserves the right to identify and adopt an allocation mechanism. In case when terminal user does not intend to use a part or all of the terminal capacities allocated and scheduled in the annual service schedule, such terminal user has the right to transfer the unused capacities but retains all contract obligations.
Proportions inferior to one slot are not considered for allocation. If the basic idea leads to too many slots allocated due to rounding:
If the basic idea leads to unallocated slots
If two Applicants have equal differences in the cases above
If the Terminal User does not intend to use the slot or slots assigned to it, it can either
Before the transfer, the Transferee receiving the slot must provide the needed information and documentation to the Terminal Operator. Terminal Operator can refuse the transfer if all requirements are not met by the Transferee. Transferor intending to transfer its slot must inform the Terminal Operator of the intention (at least 5 calendar days before signing a trilateral agreement). A trilateral agreement for the transfer is signed between the Terminal Operator, the Transferor and the Transferee (no later that 15 calendar days before the start of the slot)
The Terminal Operator publishes on their website the invitation for the annual/long-term capacity allocation procedure. Allocated and available capacity are announced in the Annual Service Schedule and its monthly updates on the terminal’s Schedule -page.