In order to optimize the use of the transmission system capacity and with a view to granting system users a right to freely trade in gas transmission capacities, the Transmission System Operator shall organize a secondary capacity market.

On the secondary capacity market, the rights to use capacities are traded. The sale of capacities on the secondary market consists in the transfer of the right to use certain capacities for a certain time period at a certain entry or exit point, whereas the obligations in respect to the Transmission System Operator shall still remain with the System User which transfers its capacity. The secondary capacity market covers the trading in all the types of capacities offered on the primary market of or parts thereof (except for the daily capacities of the current day).

Terms and Conditions of Trading on the Secondary Capacity Market:

System users seeking to sell on the secondary market the right to use certain capacities for a certain period of time must have obtained the capacities in question on the primary market covering the period of time in question.

The price as well as other terms and conditions related to the capacity transfer on a secondary market shall be determined by a mutual agreement of the system users involved in the sales transaction in question.

The Transmission System Operator is a secondary capacity market intermediary. Requests and and offers to buy or sell capacities on the secondary capacity market shall be either submitted by system users to the Transmission System Operator online via the electronic gas transmission services ordering and administration system (hereinafter referred to as the " ETSOAS") or in writing (Application Request for Making a Transaction on the Secondary Market). Information about all the requests / offers to purchase/sell capacities on the secondary market received from the system users shall be published by the Transmission System Operators on the ETSOAS and on its website.

Upon the conclusion of a capacity transfer transaction, both the system users involved in the transaction shall inform the Transmission System Operator about this fact either in writing or via the ETSOAS (Notification of a Transaction Made on the Secondary Market). If cases where notifications about the execution of the transaction are received from only one system user or where the information supplied by the parties involved does not match, the transaction shall not be approved.

Information about  the transactions offered and the transactions executed on the secondary capacity market:

Summary data on the capacities transferred on the secondary capacity market: capacities transferred.

Offers for making transactions on the secondary capacity market: offers.
 

 

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