Eustream declares Open Season

Eustream, the Slovak gas transmission system operator has started the Open Season procedure in line with the Memorandum of Understanding signed between Eustream and Ukrtransgaz.

In this process the company will investigate the binding market interest in transmission capacities to Ukraine via Vojany pipeline.

The SK – UA Interconnection will connect two gas transmission systems of Eustream and Ukrtransgaz in a new interconnection point Budince, which is located not far from the existing interconnection point Velké Kapušany.

This interconnection will offer new possibilities for gas transmission and will enhance the cross border liquidity.

The registered participants may submit their requests for transmission capacity until the 23rd June 2014. After the evaluation of the Open Season, on the basis of submitted binding bids, follow the conclusion of respective transmission contracts between Eustream and network users (shippers).

About Eustream

Eustream is a natural gas transmission network operator in the Slovak Republic. The company’s main mission is to transport natural gas to Slovakia and through its territory to the European markets. Since 1972, Eustream transported more than 2.2 trillion m³ of gas.

Eustream owns and operates a high-pressure transmission system consisting of 4 - 5 parallel pipelines with a total length of more than 2255 km and four compressor stations with a total installed capacity of over 600 MW.

The company provides network access to all users in a transparent and non-discriminatory manner in accordance with European and Slovak energy legislation and provides its customers with a wide range of services and products associated with the transportation of natural gas. Eustream’s trading partners are the key energy companies across the European Union and beyond.

Edited from source by Elizabeth Corner

Read the article online at: https://www.worldpipelines.com/business-news/30052014/eustream_declares_open_season/