#2026-90Elengy updates LNG terminal booking rules and subscription account timing
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This decision changes how Elengy sells extra regasification capacity at its regulated LNG terminals and how shippers can use the subscription account. From 1 May 2026, shippers can withdraw capacity from the subscription account earlier, from the 20th day of month M-2 until the monthly program is set in M-1, which should make short-term scheduling easier. For extra capacity sales, the regulator keeps the ascending-auction model and does not let Elengy skip straight to a pay-as-bid sale. It does, however, tighten tie-break rules in pay-as-bid cases and gives Elengy more flexibility to set the registration deadline after 10:00 the day before an auction. The changes mainly affect LNG shippers and other market participants using Elengy’s regulated terminals.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Shippers can withdraw from the subscription account earlier, from 20 M-2 until the monthly program is set in M-1.
- Elengy must keep using the ascending auction model for extra regasification capacity; it cannot switch directly to pay-as-bid.
- New tie-break rules and a later registration deadline option are added for auctions of extra capacity.
Obligations
What this law requires
Elengy must apply the new rules for commercialising additional regasification capacity at its regulated LNG terminals from 1 May 2026, using the mechanism set out in Annex 1 rather than allowing direct discretionary use of pay-as-bid as the default allocation method.
Elengy must operate a short subscription window and publish market information on its website and by email to registered interested parties, including the available capacity, possible unloading dates or periods, and the start date and time of the subscription window.
To participate in an additional-capacity auction, shippers must register the day before the auction with Elengy and, where applicable, with the service provider; Elengy must set the registration cutoff after 10:00 on the day before the auction.
Elengy must continue to use the ascending-auction mechanism for additional regasification capacity and may only use a pay-as-bid phase, if needed, after the ascending auction has run its course; it must not replace the ascending auction with a direct pay-as-bid sale as the standard method.
If several participants submit the same maximum price in the pay-as-bid phase, Elengy must allocate the capacity to the participant whose request was received first, based on the timestamp of receipt.