ENTSOG TYNDP 2017 - Annex A2 - Project Details

Current TYNDP : TYNDP 2017 - Annex A

Page 173 of 620

Expected Gas Sourcing

Algeria, LNG ()

Benefits

Main Driver Others Main Driver Explanation Integration of the Iberian Peninsula gas market with the rest of Europe Benefit Description

The development of this project is linked to the development of a new interconnection between France and Spain by Spanish infrastructure promoters. Barriers

Barrier Type

Description

It would be difficult to carry out an Open Season due to the size of the Portuguese market and the lack of long-term contracts in Portugal. The lack of long term binding commitments from network users cannot guarantee the return of the investment to the Spanish system. It would be difficult to carry out an Open Season due to the size of the Portuguese market and the lack of long-term contracts in Portugal. The lack of long term binding commitments from network users cannot guarantee the return of the investment to the Spanish system.

Regulatory

Market

Regulatory

Low rate of return

Intergovernmental Agreements

Agreement

Agreement Description

Is Signed Agreement Signature Date

Commission, France, Portugal and Spain sign High Level Group agreement to break energy barriers

Madrid Declaration

Yes

04/03/2015

Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM