Name of the Products PEGAS Spot PEG Nord PEGAS Spot TRS. Delivery(virtual points) PEG Nord (GRTgaz) TRS (GRTgaz)

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Transcription:

on the French delivery areas Segment Name of the Products PEGAS Spot PEG Nord PEGAS Spot TRS (virtual points) PEG Nord (GRTgaz) TRS (GRTgaz) DA (Day-Ahead) WE (Week-End) SAT (Saturday) SUN (Sunday) BH (Bank Holiday) ID (Individual Day) High calorific natural gas (H-gas quality) at 25 C Volumes units 240 contracts (i.e. Min Volume = 240 ) 10 contracts (i.e. Volume Tick = 10 ) = Number of contracts x () x Number of delivery days Immediately after the conclusion of the trade, each WE and BH contract are replaced by corresponding daily contracts so the covered delivery period remains the same. All contracts are physical contracts and lead to physical deliveries on the specified virtual point. occurs each calendar day of the delivery period. For a given day D of the delivery period, the delivery goes from 06:00 a.m CET of day D to Segment Name of the Products PEGAS Spot PEG Nord 1 MWh/d PEGAS Spot TRS 1 MWh/d (virtual points) PEG Nord (GRTgaz) TRS (GRTgaz) DA (Day-Ahead) WE (Week-End) SAT (Saturday) SUN (Sunday) BH (Bank Holiday) ID (Individual Day) High calorific natural gas (H-gas quality) at 25 C Volumes units 1 contract (i.e. Min Volume = ) 1 contract (i.e. Volume Tick = ) = Number of contracts x () x Number of delivery days Immediately after the conclusion of the trade, each WE and BH contract are replaced by corresponding daily contracts so the covered delivery period remains the same. All contracts are physical contracts and lead to physical deliveries on the specified virtual point. occurs each calendar day of the delivery period. 06:00 a.m CET of day D+1.

Name of the Products PEGAS Spot GRTgaz PEG Nord PEGAS GRTgaz - TIGF TRS (virtual points) PEG Nord (GRTgaz) TRS (GRTgaz section) DA (Day-Ahead) WE (Week-End) SAT (Saturday) SUN (Sunday) BH (Bank Holiday) ID (Individual Day) High calorific natural gas (H-gas quality) at 25 C Volumes units 1 contracts (i.e. Min Volume = ) 1 contracts (i.e. Volume Tick = ) = Number of contracts x () x Number of delivery days Immediately after the conclusion of the trade, each WE and BH contract are replaced by corresponding daily contracts so the covered delivery period remains the same. For these Products, all trades lead to physical, but special rules apply regarding the. If the trade is done outside of the period of time corresponding to a consultation triggered by GRTgaz or TIGF, Market Participants have no specific obligation, and the trade is simply nominated by ECC on the virtual point, following regular processes. However, if the trade is done during the period of time corresponding to a consultation triggered by GRTgaz or TIGF, then specific procedures apply: - A standard nomination will be performed by ECC on the virtual point following regular processes - However, on top of that, Market Participants have to comply with specific obligations towards GRTgaz and TIGF, including obligation to notify the respective TSO by e-mail and obligation to renominate within certain deadlines on one or several of the physical points listed by the respective TSO in its notification initiating the consultation. The period of time corresponding to a consultation is of one hour. Its starts when the e-mail is sent by the TSO triggering the consultation. occurs each calendar day of the delivery period. For a given day D of the delivery period, the delivery goes from 06:00 a.m CET of day D to Taking into account the specificities of these Products, Powernext SAS may occasionally have to disclose information relating to a given Trade to GRTgaz, upon its request. Such disclosure is made in accordance with article 1.2.5.6 of the Powernext Commodities Market Rules.

PEGAS Non-MTF PEGAS Non-MTF Futures PEG Nord PEG Nord (GRTgaz) the next 7 Quarters the next 6 Seasons the next 6 Calendar years High calorific natural gas (H-gas quality) at the conditions of the TSO of the concerned delivery area Volumes units 1 contract (i.e. Min Volume = ) 1 contract (i.e. Volume Tick = ) = Number of contracts x () x Number of delivery days of the occurs each calendar day of the delivery period for the contract under consideration. Segment PEGAS Non-MTF PEGAS Non-MTF Futures TRS TRS (GRTgaz, TIGF) Volumes units High calorific natural gas (H-gas quality) at the conditions of the TSO of the concerned delivery area 10 10 contracts (i.e. Min Volume = ) for Orders in the Order Book* 1 contract (i.e. Min Volume = ) for Off-Order Book Interests 10 contracts (i.e. Volume Tick = ) for Orders in the Order Book* 1 contract (i.e. Volume Tick = ) for Off-Order Book Interests = Number of contracts x () x Number of delivery days of the occurs each calendar day of the delivery period for the contract under consideration. * All transactions that would be entered on s that are not listed in the Market Notices will be immediately cancelled by Powernext. Example: A 4 MWh deal on PEG TRS would be cancelled because the minimum volume is 10.

Name of the Products PEGAS Spot GRTgaz PEG Nord Downstream PEGAS Spot GRTgaz - TIGF TRS Downstream (virtual points) PEG Nord (GRTgaz) TRS (GRTgaz) High calorific natural gas (H-gas quality) at 25 C Volumes units 1 contracts (i.e. Min Volume = ) 1 contracts (i.e. Volume Tick = ) = Number of contracts x () x Number of delivery days Immediately after the conclusion of the trade For these Products, all trades lead to physical, but special rules apply regarding the. If the trade is done outside of the period of time corresponding to a consultation triggered by GRTgaz or TIGF, Market Participants have no specific obligation, and the trade is simply nominated by ECC on the virtual point, following regular processes. However, if the trade is done during the period of time corresponding to a consultation triggered by GRTgaz or TIGF, then specific procedures apply: - A standard nomination will be performed by ECC on the virtual point following regular processes - However, on top of that, Market Participants have to comply with specific obligations towards GRTgaz and TIGF, including obligation to notify the respective TSO by e-mail and obligation to renominate within certain deadlines on one or several of the physical points listed by the respective TSO in its notification initiating the consultation. The period of time corresponding to a consultation is of one hour. Its starts when the e-mail is sent by the TSO triggering the consultation. occurs each calendar day of the delivery period. For a given day D of the delivery period, the delivery goes from 06:00 a.m CET of day D to Taking into account the specificities of these Products, Powernext SAS may occasionally have to disclose information relating to a given Trade to the TSO, upon its request. Such disclosure is made in accordance with article 1.2.5.6 of the Powernext Commodities Market Rules.

PEGAS Regulated Market PEGAS Regulated Market Futures PEG Nord PEG Nord (GRTgaz) the next 7 Quarters the next 6 Seasons the next 6 Calendar years High calorific natural gas (H-gas quality) at the conditions of the TSO of the concerned delivery area Volumes units 1 contract (i.e. Min Volume = ) 1 contract (i.e. Volume Tick = ) = Number of contracts x () x Number of delivery days of the occurs each calendar day of the delivery period for the contract under consideration.

PEGAS Regulated Market PEGAS Regulated Market Futures TRS TRS (GRTgaz, TIGF) Volumes units High calorific natural gas (H-gas quality) at the conditions of the TSO of the concerned delivery area 10 contracts (i.e. Min Volume = 10 ) 10 contracts (i.e. Volume Tick = 10 ) = Number of contracts x () x Number of delivery days of the occurs each calendar day of the delivery period for the contract under consideration. * All transactions that would be entered on s that are not listed in the Market Notices will be immediately cancelled by Powernext. Example: A 4 transaction on PEG TRS would be cancelled because the minimum volume is 10. Similarly, a 15 transaction on PEG TRS would be cancelled because the volume tick of the contract is 10.