603705417

North/West Europe Auction for Subletting Products

from 1st October 2020 to 1st October 2021 – UPDATE 1Q 2021

Following the information notice published on 05/06/2020 (available here) Eni S.p.A. is publishing now the number of Lots offered for each Section and the related Reserve Prices for 1Q 2021 products.

1Q 2021 product:

Available Capacity:

  • Section 1 - Transitgas (Wallbach – Passo Gries)1: 102 lots
  • Section 2 - Transitgas (Oltingue – Passo Gries)2: 25 lots
  • Section 3 – Exit Oltingue + Transitgas (Oltingue – Passo Gries): 59 lots

Each lot shall consist of a quantity of 30 MWh/h.

Reserve Price:

  • Section 1 - Transitgas (Wallbach – Passo Gries)1: 532,72 €/MWh(25°C)/h/Month
  • Section 2 - Transitgas (Oltingue – Passo Gries)2: 584,54 €/MWh(25°C)/h/Month
  • Section 3 – Exit Oltingue + Transitgas (Oltingue – Passo Gries): 1.383,94 €/MWh(25°C)/h/Month

Deadline for the Online Registration (as per art. 4 of the Auction Procedure): 22/10/2020 at 4:00 p.m.

Deadline for the submission of the Documentation (as per art. 8.4 of the Auction Procedure): 23/10/2020 at 4:00 p.m. 

Test Auction

  • On 28/10/2020 from 2:30 p.m. to 4:00 p.m. 

Bidding Windows:

  • On 29/10/2020 from 10:00 a.m. to 11:30 a.m.: Section 3
  • On 29/10/2020 from 2:30 p.m. to 4:00 p.m.: Section 1 and Section 2 

Following Quarterly products: the Auctions for the following Quarterly products are planned on the 28/01/2021 for the Q2-21 product and on the 29/04/2021 for the Q3-21 product. At least 20 days before each Auction Eni will publish the number of Lots offered for each Section and the related Reserve Prices.

Eni S.p.A. may consider negotiating on a bilateral basis possible transportation capacity agreements with interested parties for the volumes not allocated in the auction procedure.

The Auction Procedure, Framework Subletting Agreement, Bid Bond, Declaration and Bidder Manual related to the Quarterly products auctions are attached hereto.

If you are interested in participating in the 1Q 2021 product auctions, and you have not already successfully registered, please click here for the Online Registration by 22nd October 2020 at 4:00 p.m.. Please note that once the Online Registration is successfully completed, such registration will be considered valid for all the remaining Auctions of the offering period.

Please note that the deadline for submitting the complete Documentation for participating in the 1Q 2021 product auctions is 23rd October 2020 at 4:00 p.m..

Please note that only the companies which do not have any unpaid pending debts toward Eni S.p.A. for amounts in excess of Euro 200.000,00 (two hundred thousand/00) resulting unpaid upon expiry of 10 days after the established due payment date are entitled to participate to the auction.  

Finally, please be informed that the above mentioned available transportation capacities do not include the corresponding capacity at entry Passo Gries on Snam Rete Gas network system.

For further information, please send an email to supply.services@eni.com or contact:

Valeria Cerutti
Phone number : +39 02 520 41685
e-mail: valeria.cerutti@eni.com

Alessandro Iorio
Phone number : +39 02 520 41307
e-mail: alessandro.iorio@eni.com

Andrea Terenzi
Phone number : +39 02 520 31451
e-mail: andrea.terenzi@eni.com


1) The offer is not considering the exit Wallbach from Germany
2) The offer is not considering the exit Oltingue from France