Open Season: WINGAS TRANSPORT Extends Capacity Reservation in the OPAL Gas Pipeline
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WINGAS TRANSPORT GmbH & Co. KG Press Release October 8, 2007 Stefan Leunig PI•07•08 ( +49 561 301•3301 4 +49 561 301•1321 press@wingas•transport.de Open Season: WINGAS TRANSPORT extends capacity reservation in the OPAL gas pipeline · Capacity in the German connection to the Nord Stream Baltic Sea pipeline · Initial use starting with 2010 Kassel. WINGAS TRANSPORT GmbH & Co KG has started another process for ordering transport capacities in a new gas pipeline. From Monday, October 8, 2007, 8 a.m. (CEST) interested parties can submit offers to use the OPAL (Ostsee•Pipeline•Anbindungs•Leitung, Baltic Sea Connection Pipeline) within the scope of a so•called open season procedure. This pipeline is currently being planned in the course of implementing the connection line to the Nord Stream Baltic Sea pipeline. Specifically, this means that capacities may be requested to inject natural gas into OPAL, especially in Greifswald and Olbernhau, and to withdraw gas from OPAL or – in this connection – from other points in WINGAS TRANSPORT’s existing pipeline network. More details about the conditions for taking part in this procedure can be found on the network operator's web site (www.wingas•transport.de). “From the start of the procedure all the interested parties have six weeks to acknowledge the terms and conditions of business, register to participate in the new Open Season, and formulate their capacity requirements,” explains Ingo Neubert, Managing Director of WINGAS TRANSPORT. Subsequently, a technical and economic concept will be drafted. In the second phase specific capacities and conditions will be defined. It is planned that the main key points will be concluded before the end of 2007. The OPAL will be used to transport the natural gas that will flow to Europe via the Nord Stream Pipeline from Russia below the Baltic Sea through Germany in the direction of the Czech Republic. It is planned to generate 55 billion cubic meters in new transport capacities per year with the Nord Stream Pipeline. Thus, the project will make an indispensable contribution towards permanent supply security and further reinforcing Germany’s role as the European transit hub for energy. The OPAL pipeline will be built by WINGAS GmbH and E.ON Ruhrgas AG on a fractional ownership basis. Page 1 of 2 WINGAS TRANSPORT GmbH & Co. KG Baumbachstraße 1 / 34119 Kassel, Germany Phone +49 561 934•0 / Fax +49 561 934•1702 / contact@wingas•transport.de / www.wingas•transport.de WINGAS TRANSPORT GmbH & Co. KG is a subsidiary of WINGAS GmbH and operates the latter's national gas pipeline network. It offers its customers state•of•the•art, competitive transport services, using a high• pressure pipeline network of a total of more than 2,000 km in length, which covers the whole of Germany and includes nine compressor stations. More than 3 billion euros have been invested in this pipeline network overall since 1990. This infrastructure is positioned at the heart of Europe as the interface of European natural gas transportation. In order to further strengthen Germany’s role as an energy transit hub in the future, WINGAS TRANSPORT is continuously upgrading its services and capacities. Page 2 of 2 WINGAS TRANSPORT GmbH & Co. KG Baumbachstraße 1 / 34119 Kassel, Germany Phone +49 561 934•0 / Fax +49 561 934•1702 / contact@wingas•transport.de / www.wingas•transport.de.