Enagás GTS allocates 23 additional slots for unloading vessels at LNG terminals in a second extraordinary auction

15 October 2021

• In October the company has conducted a second extraordinary auction of slots for unloading capacity of liquefied natural gas (LNG) vessels in the Spanish regasification terminals.
• This additional auction, in which 23 extra slots have been allocated for the next 12 months, is added to the one held in September, in which 22 new slots were allocated.
• These 45 additional slots are a preventive measure to contribute to the security of energy supply over the coming months, in a context of high volatility in international energy markets.

Enagás, as Technical Manager of the System, has successfully completed a second extraordinary auction of slots for the unloading of liquefied natural gas (LNG) methane tankers at the regasification terminals of the Spanish Gas System. In October, the company has allocated 23 extraordinary slots for the next 12 months, in addition to the 22 slots awarded in the extraordinary auction held in September. With these two auctions, a total of 45 additional slots have been allocated in addition to those initially planned for the next 12 months.

As for the winter period (November 21-March 22) and after the launch of these extraordinary auctions 136 slots have already been allocated. Last winter a total of 86 vessels discharged between 1 November 2020 and 31 March 2021.

Slots are capacity windows for the unloading of liquefied natural gas (LNG) vessels at regasification terminals.

These extraordinary auctions are part of the measures being taken for prudence and prevention matters fue to the current context of volatility in world natural gas markets to ensure that companies that bring natural gas to Spain have the maximum capacity to promote LNG unloading at the country’s regasification terminals. The aim is to contribute to the guarantee of energy supply with all possible measures.

These allocations by market mechanisms are made in accordance with CNMC Circular 8/2019, which authorises Enagás, as Technical Manager of the System, to make 12-month forward allocations on a monthly basis if deemed necessary.

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