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Expected Gas Sourcing

LNG (WO)

Benefits

Main Driver

Market Demand

Main Driver Explanation

We consider that a growing amoun of flexibles volume will be available. These volume will allow more competitiveness in the south region but will

required more regas capacity as well as a strong logisitcal support (jetty + tank) to allow the shipper to take advantage of spot market opportunity by

buying/unloading and reselling/reloading according to the stronger price signal of the Mibgas. This project will be neccesary if an increase demand or

export scenario will occur.

Benefit Description

Mugardos terminal is ideally located to take advantage of the US FOB volumes.

Technical Information (LNG)

LNG Facility

Mugardos LNG Terminal

Expected Volume (bcm/y)

4

Storage Capacity (m3)

0

Ship Size (m3)

0

Reloading Ability

Yes

Schedule

Start Date

End Date

Pre-Feasibility

06/2010

Feasibility

06/2010

11/2010

FEED

04/2021

10/2021

Market Test

10/2021

Permitting

09/2021

03/2022

Supply Contracts

06/2022

FID

06/2022

Construction

06/2022

12/2023

Commissioning

2023

2025

NDP and PCI Information

Part of NDP

Yes (PLANIFICACION ELECTRICIDAD Y

GAS 2008-2016)

NDP Number

N/A

Currently PCI

No

CBCA Decision

No

Market Survey

Not Relevant (no CBCA decision)

Third-Party Access Regime

Considered TPA Regime

Regulated

Considered Tariff Regime

Regulated

Applied for Exemption

No

Exemption Granted

Not Relevant

Exemption in entry direction

0.00%

Exemption in exit direction

0.00%

Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM

Page 162 of 620

Current TYNDP : TYNDP 2017 - Annex A