Common use of SoS Emergency Clause in Contracts

SoS Emergency. The Storage User must immediately and temporarily make available to the Storage Operator capacities and Gas in Storage, in case of a significant supply disruption amounting to an SoS Emergency, as defined in the Security of Supply Regulation, and as confirmed by the ‘competent authority’. In such case, the subscribers grant Storage Operator or any third party designated by the competent authority the right to use (part of) those subscribers’ Withdrawal Capacity and/or Gas in Storage during the state of such SoS Emergency, in order to allow Storage Operator or any other designated party to comply with its obligations under the Security of Supply Regulation (or its enactment into Belgian law, as the case may be). Storage Operator or such other designated party shall reimburse to the affected subscribers of Storage Capacity an amount corresponding to the capacity costs at the Tariff for Storage and transportation in Belgium, i.e. the part of the costs related to the exit from the Storage Installation, that they have paid for the part of the firm Withdrawal Capacity used during the period of such SoS Emergency. Furthermore, Storage Operator will, as soon as reasonably possible, restitute the same amount of Natural Gas, expressed in energy, withdrawn pursuant a SoS Emergency in kind, or, subject to both Parties’ agreement, in cash (the value of the Natural Gas being determined on the basis of the average ZTP European Gas Spot Index of the Natural Gas during the period beginning fifteen (15) days before the start date of the event of SoS Emergency and ending fifteen (15) days after the end of such event) or have such designated party to restitute the same amount of Natural Gas withdrawn in kind or in cash. In such SoS Emergency, the Storage Operator, together with the Transmission Operator, shall be bound to the public service obligation to allocate this gas by priority to the supply of protected customers within the meaning of the SoS Regulation.

SoS Emergency. The Storage User must immediately and temporarily make available to the Storage Operator capacities and Gas in Storage, in case of a significant supply disruption amounting to an SoS Emergency, as defined in the Security of Supply Regulation, and as confirmed by the ‘competent authority’. In such case, the subscribers grant Storage Operator or any third party designated by the competent authority the right to use (part of) those subscribers’ Withdrawal Capacity and/or Gas in Storage during the state of such SoS Emergency, in order to allow Storage Operator or any other designated party to comply with its obligations under the Security of Supply Regulation (or its enactment into Belgian law, as the case may be). Storage Operator or such other designated party shall reimburse to the affected subscribers of Storage Capacity an amount corresponding to the capacity costs at the Regulated Tariff for Storage and transportation in Belgium, i.e. the part of the costs related to the exit from the Storage Installation, that they have paid for the part of the firm Withdrawal Capacity used during the period of such SoS Emergency. Furthermore, Storage Operator will, as soon as reasonably possible, restitute the same amount of Natural Gas, expressed in energy, withdrawn pursuant a SoS Emergency in kind, or, subject to both Parties’ agreement, in cash (the value of the Natural Gas being determined on the basis of the average ZTP European Gas Spot Index ZIG Day Ahead price of the Natural Gas during the period beginning fifteen (15) days before the start date of the event of SoS Emergency and ending fifteen (15) days after the end of such event) or have such designated party to restitute the same amount of Natural Gas withdrawn in kind or in cash. In such SoS Emergency, the Storage Operator, together with the Transmission Operator, shall be bound to the public service obligation to allocate this gas by priority to the supply of protected customers within the meaning of the SoS Regulation.

SoS Emergency. The Storage User must immediately and temporarily make available to the Storage Operator capacities and Gas in Storage, in case of a significant supply disruption amounting to an SoS Emergency, as defined in the Security of Supply Regulation, and as confirmed by the ‘competent authority’. In such case, the subscribers grant Storage Operator or any third party designated by the competent authority the right to use (part of) those subscribers’ Withdrawal Capacity and/or Gas in Storage during the state of such SoS Emergency, in order to allow Storage Operator or any other designated party to comply with its obligations under the Security of Supply Regulation (or its enactment into Belgian law, as the case may be). Storage Operator or such other designated party shall reimburse to the affected subscribers of Storage Capacity an amount corresponding to the capacity costs at the Regulated Tariff for Storage and transportation in Belgium, i.e. the part of the costs related to the exit from the Storage Installation, that they have paid for the part of the firm Withdrawal Capacity used during the period of such SoS Emergency. Furthermore, Storage Operator will, as soon as reasonably possible, restitute the same amount of Natural Gas, expressed in energy, withdrawn pursuant a SoS Emergency in kind, or, subject to both Parties’ agreement, in cash (the value of the Natural Gas being determined on the basis of the average ZTP European Gas Spot Index ZIG Day Ahead price of the Natural Gas during the period beginning fifteen (15) days before the start date of the event of SoS Emergency and ending fifteen (15) days after the end of such event) or have such designated party to restitute the same amount of Natural Gas withdrawn in kind or in cash. In such SoS Emergency, the Storage Operator, together with the Transmission Operator, shall be bound to the public service obligation to allocate this gas by priority to the supply of protected customers within the meaning of the SoS Regulation.