European Federation of Energy Traders

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European Federation of Energy Traders

Version 1.0 / 31 December 2008

EFET

European Federation of Energy Traders

Gas Capacity Appendix to the General Agreement Concerning the Delivery and Acceptance of Natural Gas (Versions 2.0/January 6, 2003 and 2.0(a)/May 11, 2007)

GAS CAPACITY APPENDIX (FLUXYS/GRTGAZ)

This Gas Capacity Appendix shall constitute an Appendix to, and form part of, any EFET General Agreement between the Parties to which it is appended at the time of its execution. In this case, the Effective Date of such EFET General Agreement shall also be the “Gas Capacity Appendix Effective Date.”

OR

Check the box and fill in date ONLY if you are using this Gas Capacity Appendix to modify and supplement a previously executed General Agreement between the Parties:

[ ] By executing this Gas Capacity Appendix in the signature block at the end hereof, effective ______(the “Gas Capacity Appendix Effective Date”),

[ ]

(“Party A”)

and

[ ]

(“Party B”)

(collectively, “the Parties”) hereby modify, supplement and amend the terms of that certain previously executed General Agreement entered into and dated as of ______, ______to provide that the terms of this Gas Capacity Appendix shall be incorporated therein and shall be applicable to and thereafter govern all Gas Capacity Transactions (as defined below).

Page 1 of 10

Gas Capacity Appendix (Fluxys/GRTgaz) v.1.0 Copyright © 2008 by European Federation of Energy Traders (“EFET”) Version 1.0 / 31 December 2008

Part II: Elections for Customization of Provisions in the Gas Capacity Appendix

§ 13 Invoicing and Payment

§ 13.2 Payment: [ ] the following Payment Method(s) for Gas Capacity Transactions shall apply: ______.

§ 13.3.1 Expanded Payment Netting: [ ] Payments due in relation to Individual Contracts in respect of Natural Gas shall not be netted against payments due in relation to Gas Capacity Transactions.

Additional Provisions and/or Amendments to the Gas Capacity Appendix

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Gas Capacity Appendix (Fluxys/GRTgaz) v.1.0 Copyright © 2008 by European Federation of Energy Traders (“EFET”) Version 1.0 / 31 December 2008

This page need ONLY be executed by Parties that checked and completed the box on the first page hereof. Those appending this Gas Capacity Appendix to a General Agreement at the time of its execution need only append it to the General Agreement.

IN WITNESS whereof this Gas Capacity Appendix has been duly executed by the authorized representatives of each Party on the respective dates set out below with effect from the Gas Capacity Appendix Effective Date.

“Party A” “Party B”

[Name of Party] [Name of Party]

[Name of Signatory/ies] [Name of Signatory/ies]

[Title of Signatory/ies] [Title of Signatory/ies]

______(Date) (Date)

Page 10 of 10

Gas Capacity Appendix (Fluxys/GRTgaz) v.1.0 Copyright © 2008 by European Federation of Energy Traders (“EFET”) Version 1.0 / 31 December 2008 EFET

European Federation of Energy Traders

ANNEX 2 (A) to the GAS CAPACITY APPENDIX (FLUXYS/GRTGAZ)

CONFIRMATION OF GAS CAPACITY TRANSACTION

BETWEEN:

(1) ("Seller")

[Seller’s Shipper Code: [ ]]; and

(2) ("Buyer").

[Buyer’s Shipper Code: [ ]] concluded on [ / / ], [ : ] hours

Relevant TSO: [Fluxys NV/SA] / [GRTgaz]

Gas Capacity details: [Entry] [Exit] [Backhaul]

[If Entry: [Entry Points]]

[If Exit: [Exit Points]]

Gas Capacity firmness: [Firm]

Nature of Gas Capacity Transaction:

[ ] Usage Right Gas Capacity Transaction

Contract Price Paid by Buyer: [ ]

[ ] Title Transfer Gas Capacity Transaction

[ ] Contract Price Paid by Buyer: [ ]; or

[ ] Contract Price Paid by Seller: [ ]

Contract Quantity: [ ] [m3 (n)] / [MWh/day (25 degrees)] / [MWh/Day (0 degrees)]

Time Unit: [1 hour]

Total Capacity Period: From [ ] hours on [ / / ] to [ ] hours on [ / / ]

Total amount: [Contract Quantity x Total Capacity Period x Contract Price]

Special Conditions:

Annex 2 (A) - 1

Gas Capacity Appendix (Fluxys/GRTgaz) v.1.0 Copyright © 2008 by European Federation of Energy Traders (“EFET”) Version 1.0 / 31 December 2008

Capitalized expressions used in this Confirmation which are not expressly defined herein or in the General Agreement shall have the meanings given to such expressions, whether in capitalized or uncapitalized form, but in quotation marks, in the transmission service conditions of the relevant TSO or other relevant entity.

This Confirmation confirms the Individual Contract for a Gas Capacity Transaction entered into pursuant to the EFET General Agreement Concerning the Delivery and Acceptance of Natural Gas between the Parties (“General Agreement”) and supplements and forms part of that General Agreement. In case of any inconsistencies between the terms of this Confirmation and the Individual Contract, please contact us immediately.

Date :

Signature :

Annex 2 (A) - 2

Gas Capacity Appendix (Fluxys/GRTgaz) v.1.0 Copyright © 2008 by European Federation of Energy Traders (“EFET”)

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