LFCs are contractual arrangements between shippers and network operators concerning gas flows at one or more entry or exit points. They serve to maintain entry and exit capacities. The products concerned differ from the LFCs agreed until now because the tenderers can now additionally offer LFCs for certain temperature ranges. Furthermore, apart from distribution commitments and minimum capacities, it is possible to offer LFCs envisaging a reduction of firmly booked transmissions. LFCs can be offered on the basis of both commodity and demand charges in the L-gas and H-gas market area. Offers based on commodity charges will be given preference.
The complete product descriptions and modalities of the tendering procedure for LFCs will be published by Open Grid Europe on the homepage of its website at www.open-grid-europe.com.