LNG-Pool
Delivery and products
A natural gas consumption of at least 50 GWh per year and the option of integrating the quantities into the supply contract as so-called “third-party quantities”.
It is a collective term for several LNG import terminals and market areas on the North Sea and Baltic coasts. Physical delivery must take place at a specific terminal.
It is the task of the central buyer to contract the LNG and to structure it in such a way that it can be offered as a fixed rate to the members of the LNG pool in the market area THE as needed.
Transportation from the THE market area to the offtake point takes place as in any standard grid usage contract - either separately with the exit grid operator or integrated by the supplier.
It is a kind of link between the LNG suppliers and the members of the LNG pool.
None, these only arise when a bilateral contract is concluded with the central buyer. In other words, when you actually want to buy.
In the first step, only details of the products and quantities are required.
Yes.
Fixed delivery rate of natural gas means a fixed rate in steps of e.g. 1 MW over a certain period of time (usually month, quarter, season or calendar year).
Products for the years 2025, 2026, 2027, 2028 and 2029 can be requested. Whether a delivery for the year 2025 can still be realized depends on the individual framework conditions.
The products are supplied in selectable periods and not in one continuous period.
In most cases, the natural gas is delivered at a fixed delivery rate to the German market area Trading Hub Europe (THE), and thus to the balancing group of the participating company or to the customer's balancing group at its supplier. In the latter case, the customer must be allowed to bring in so-called third-party quantities.
LNG-Pool
Prices and contracts
Following negotiations with the LNG supplier, the Central Buyer offers you a price for the products you require at the THE delivery point. This is initially an indicative fixed price per product. If the price is attractive, a (trading framework) contract must be concluded with the central buyer.
All contracts are bilateral.
No, there is no joint and several liability.