Nederlands
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The Bergermeer consortium has developed a framework contract, the Standard Storage Services Agreement (SSSA) which will be the basis for both the long term contracts and the annual auctions. The execution version (November 2011) is available for download below.
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Bergermeer SSSA
execution version
November 2011
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Allan Virtanen
Manager Group Corporate Communications
Abu Dhabi National Energy Company PJSC (TAQA)
Tel: +31 88 8272500
Mob: +31 6 4614 7448
allan.virtanen@taqaglobal.com
Bergermeer Gas Storage Partners
TAQA is the operator of the storage facility and will also act as the marketing agent for all storage capacity that is available for third parties.
Partners:
EBN, an independent company with the Dutch State as its sole shareholder, holds a 40% stake in the Bergermeer Gas Storage project and will, together with TAQA, invest EUR 800 million in the construction and design of the gas storage facility.
As part of the realisation of this project, an agreement with Gazprom group, one of the world’s largest energy companies, was made in 2009 as a result of an open season procedure. For delivering cushion gas to pressurise the reservoir and make commercial operations possible, Gazprom group will receive storage capacity and an interest in the technical operatorship of the facility.
The majority of the working gas volume will be made available to the market.
Abu Dhabi National Energy Company PJSC (TAQA)
TAQA is a global energy company majority owned by the Abu Dhabi Government and listed on the Abu Dhabi Securities Exchange. TAQA's main activities include oil and gas, power generation and water desalination across four continents. TAQA is the sixth-largest independent power producer in the world. In the Netherlands TAQA's established gas storage business includes operating the Alkmaar Peak Gas Installation (PGI) and developing the Bergermeer Gas Storage facility.
TAQA Fast Facts: |
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A (Stable) Standard & Poors
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A3 (Stable) Moody's Investor Services
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USD 31.6 billion Global asset base
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72.5% |
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15,905 MW Total power generation capacity
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134.6 MBOE/D Average oil and gas production
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Energie Beheer Nederland B.V. (EBN)
EBN is active in the exploration for, production of and trading in oil and gas in the Netherlands. Together with other national and international oil and gas companies EBN invest in exploration and production and in gas storage facilities in the Netherlands. The initiative for exploration, development and production activities is up to the licence holders. EBN does not aim to be the operator in the joint ventures, but invests, facilitates and shares its knowledge. EBN distributes all the profits from these activities to the State, its sole shareholder.
Gazprom Export
Gazprom Export is one of the most successful and advanced Russian companies. In 2010, the volume of natural gas exports to far-abroad countries amounted to 138.6 billion cubic meters. Russia’s gas exports constitute a vital part of European energy security, which has been borne out by more than 40 years of experience in supplying gas to the European continent.
