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Madrid, 15th June 2007

3rd SG Meeting South Gas Regional Initiative. Madrid, 15th June 2007. 3nd SG meeting S-GRI- Agenda. 11:00 – 11:10 Opening: approval of the agenda. (for approval) Welcome Approval of the agenda and the last meeting minutes

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Madrid, 15th June 2007

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  1. 3rd SG Meeting South Gas Regional Initiative Madrid, 15th June 2007

  2. 3nd SG meeting S-GRI- Agenda • 11:00 – 11:10 Opening: approval of the agenda. (for approval) • Welcome • Approval of the agenda and the last meeting minutes • 11:10-11:30 Welcome to the Portuguese representatives to the South Gas Regional Initiative • 11:30 – 12:10 Priority 1: Presentation on future interconnection infrastructures between France-Spain until 2015 (action 2). TSO’s presentation. (for information and discussion) • Infrastructure description • Capacities in both directions • 12:10 – 12:50 Priority 2: Presentation on the study of practical cases of transit between France an Spain (action 4). Stakeholders presentation. (for information and discussion) • 12:50 – 13:30 Priority 3: Presentation on the study of the existing level of transparency and future or further capacity needs by the market (action 6). Regulators presentation. (for information and discussion) • Further actions: action plan • Next meetings • AOB

  3. III. PRIORITY 1. Interconnection capacityPresentation by TSO’s of the second part of the Study

  4. III. PRIORITY 1. Interconnection capacityPresentation by TSO’s of the second part of the Study • All documents will be published in ERGEG web page unless confidentiality would be asked • Reactions to the document are welcome from Stakeholders before 29th June 2007

  5. IV. PRIORITY 2. InteroperabilityPresentation by Stakeholders of the Interoperability Study

  6. IV. PRIORITY 2. InteroperabilityPresentation by Stakeholders of the Interoperability Study • All documents will be published in ERGEG web page unless confidentiality would be asked • Reactions to the document are welcome from Stakeholders before 29th June 2007

  7. V. PRIORITY 3. TransparencyPresentation by Regulators of the Transparency Study

  8. V. PRIORITY 3. TransparencyPresentation by Regulators of the Transparency Study • All documents will be published in ERGEG web page unless confidentiality would be asked • Reactions to the document are welcome from Stakeholders before 29th June 2007

  9. VI. Further actions • PRIORITY 1: INTERCONNECTION • A) FRANCE - SPAIN • Comments on the document. Deadline 29th June • TSO’s will complete the studies with the necessary investments for the infrastructures proposed (including a summary table with the list of all the infrastructures, foreseen dates, capacity, main characteristics-length, diameters, pressures, power in CS…- and the economical investment for each one).Deadline: 10th July • TSO’s and regulators should elaborate a harmonized action plan to develop the necessary infrastructures in a coordinated way and to decide on the capacity allocation mechanism. Deadline: 30th Sept.

  10. VI. Further actions • PRIORITY 1: INTERCONNECTION (cont.) • B) PORTUGAL-SPAIN • Portuguese and Spanish TSO’s should perform a study on interconnections needs, similar to the French-Spanish study. • Analysis of current status of interconnection infrastructure. Deadline: 30th September • Analysis of future interconnection infrastructure need. Deadline: ?th ?2007 • The Regulators should elaborate a harmonized action plan to develop the necessary infrastructures in a coordinated way, if needed, and to decide on the capacity allocation mechanism. Deadline: ?

  11. VI. Further actions • PRIORITY 2:INTEROPERABILITY • A) FRANCE - SPAIN • Comments on the document. Deadline 29th June • Stakeholders to identify concrete interoperability needs. Deadline mid July • Regulators and TSO’s to carry on an action plan to solve interoperability problems, taking into account the result of the Stakeholders action. Deadline end Sept. • Stakeholders to carry on with more interoperability issues between France and Spain ? • To extend the study to the Portugal-Spain interconnections. ?

  12. VI. Further actions • PRIORITY 3: TRANSPARENCY • Comments on the document. Deadline 29th June • Consultation to shippers on their views on the existing level of transparency and reasonable transparency needs for further progress: Is the existent degree of transparency at any infrastructure enough to develop your activities? If not, list the additional information requirements that you think you need for the adequate development of your activities (what). Justify/motivate why and how the lack of transparency (according to the items identified in the previous question) could be an obstacle for the regional market development. Is the way in which the information is presented adequate to your needs (ease to access, find, understand, etc.)? Specify how do you think it is the best way to make the information public. When do you think this information should be available? Deadline: end July

  13. VI. Further actions • PRIORITY 3: TRANSPARENCY (cont) • TSO’s to implement gas regulation: • After issuing the consultation process to the shippers, in a second step, the regulators should agree an action plan with infrastructure operators in order to definitely avoid that transparency be a barrier for the creation of a regional gas market. Deadline: mid Sept. • Improvements in transparency to be implemented after taking into consideration shipper’s proposal: • Once identify the concrete transparency requirements, not yet in place, and the additional reasonable transparency request from stakeholders, each national regulator will undertake the necessary actions to urge the infrastructure operators to publish this information, as soon as possible (see sample of actions): Deadline: end Sept.

  14. VI. Further actions • 8th March 2007. Agreement at Governments level: • ”Plan to reconcile the regulation on the energy sector between Portugal and Spain” • MIBEL.Long past history. Last steps to organize a Iberian electricity market • MIBGAS.Both Governments have decided to create several working groups in order to develop a true Iberian Gas Market and, taking into account the significant LNG capacity in the Peninsula, to create an Iberian hub at international level. Key issues: • REGULATORS: CNE and ERSE to identify the principles for the MIBGAS organization • TSO’s:REN and ENAGAS to design an investment plan for increasing the interconnection and storage capacity. • GOVERNMENTS:To design a general agreement on gas natural reserves for security of supply reasons. 5th Priority of the S-GRI: Development of hubs

  15. VI. Further actions • How to go together - integrate the MIBGAS inside the South – GRI? • To comply with the Governments agreement • To comply with ERGEG engagement with the GRI • To create a true Internal Energy Market • Time schedule

  16. VI. Next meetings • End September: IG meeting • France - Spain • Interconnection: Final investment document and Capacity Allocation Mechanisms agreement. • Interoperability: Implementation of the interoperability action plan. • Transparency: publication of missed/additional transparency requirements. • Portugal - Spain • Interconnection: Current status of infrastructures presentation • Next SG meeting: In October • (Mibgas organization, implementation of interoperability and transparency requirements…)

  17. 3rd SG meeting S-GRI Thank you very much for participating!

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