Invitation to Participate In the Annual Capacity Allocation Procedure at Hamina LNG

Hamina LNG Oy invites the market participants to participate in the Annual Capacity Allocation Procedure at Hamina LNG Terminal for the Gas Year 2024 (01.10.2023–30.09.2024). During the Annual Capacity Allocation Procedure, Hamina LNG Oy will allocate Terminal’s available capacities for the Storage Service and the Regasification Services in accordance with the principles described in the renewed Terminal Rules for Hamina LNG Terminal and the Terminal Allocation Request Form published on Hamina LNG Oy’s website.

The market participants are invited to request capacities for storing LNG in the Terminal’s LNG tank (the “Storage Service”), and for the Terminal’s regasification and injection services (the “Regasification Services”). The service capacities are allocated in “Slots”. For the Gas Year 2024, the Available Slots at the Terminal are as follows:
- 300 Slots for Storage Service, where a Slot equals to 650 MWh of LNG
- 6000 Slots for Regasification Service, where a Slot equals to one (1) MWh/Gas Day.

Within the Annual Capacity Allocation Procedure for the Gas Year 2024, the market participants may also apply capacities for the Storage Service and the Regasification Services for the Gas Years 2025 – 2027. The capacities for the Gas Years 2025 – 2027 are allocated for the willing Applicants for the requested Gas Years if and to the extent the Annual Capacity Allocation Procedure for the Gas Year 2024 results in a Binding Allocation.

The Annual Capacity Allocation Procedure is confidential and will be conducted in accordance with the renewed Terminal Rules of Hamina LNG Terminal. Please note that the renewed Terminal Rules are still subject to the Energy Authority’s final approval and Hamina LNG Oy reserves the right to revise or amend the Terminal Rules based on the feedback received from the Energy Authority.

The Annual Capacity Allocation Procedure begins on 17 August 2023 and the applicants must submit binding applications by 7 September 2023 in order to be considered in the Annual Capacity Allocation Procedure. As a result of the Annual Capacity Allocation Procedure, Hamina LNG Oy shall confirm the accepted Service Capacity allocations by 18 September 2023 and the mutually binding Terminal Services Contracts are expected to be signed with successful applicants by 22 September 2023.

Hamina LNG reserves the right to modify the timetable during the process with a direct notification to all participants. Please contact info@haminalng.fi if you have any questions throughout the process. More detailed description of the process and timetable is as follows:

1- In order to be considered in the Annual Capacity Allocation Procedure, please send the following documents to Hamina LNG’s email info@haminalng.fi with the subject “Hamina LNG Open Season application documents”
- Filled and signed Terminal Capacity Allocation Request Form, which is published on Hamina LNG’s website
- Copies of the passports or id cards of the signatory or signatories of the Terminal Capacity Allocation Request Form, and evidence of these persons’ authorization to submit the application with binding effect for the applicant
- Copy of registration certificate, issued according to the law of the jurisdiction in which the applicant is established, and the articles of association or other founding documents
- Audited financial statements from the last three (3) years or, if the company has been founded more recently, since the founding of the company
- Written confirmation that the applicant has the necessary LNG procurement channels and vessels suitable for delivering LNG
- Information on whether the applicant is a registered user, and if so, a copy of the documentation evidencing such status
2- After the application period, Hamina LNG will process the applications submitted by 7 September 2023 and requests possible rectifications for the deficient applications.
3- The Available Slots for Service Capacities are allocated among the applicants in accordance with the principals provided in the Terminal Rules, and Hamina LNG Oy will inform the applicants of the accepted capacity allocations by 18 September 2023.
4- The Terminal Service Contracts (TSC) shall be signed with successful applicants by 22 September 2023.
5- When the TSC has been signed and the contractual obligations (such as provision of a Bank Guarantee) for starting to use the terminal services are fulfilled, the applicant can start using Hamina LNG’s services from 1 October 2023 onwards.
6- Hamina LNG will provide login information to the customer portal on Hamina LNG’s website.