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Expected Gas Sourcing
Algeria, LNG ()
Benefits
Main Driver
Others
Main Driver Explanation
Integration of the Iberian Peninsula gas market with the rest of Europe
Benefit Description
The development of this project is linked to the development of a new interconnection between France and Spain by Spanish infrastructure promoters.
Barriers
Barrier Type
Description
Regulatory
It would be difficult to carry out an Open Season due to the size of the Portuguese market and the lack of long-term contracts in Portugal. The lack of long
term binding commitments from network users cannot guarantee the return of the investment to the Spanish system.
Market
It would be difficult to carry out an Open Season due to the size of the Portuguese market and the lack of long-term contracts in Portugal. The lack of long
term binding commitments from network users cannot guarantee the return of the investment to the Spanish system.
Regulatory
Low rate of return
Intergovernmental Agreements
Agreement
Agreement Description
Is Signed Agreement Signature Date
Madrid Declaration
Commission, France, Portugal and Spain sign High Level Group agreement to break energy
barriers
Yes
04/03/2015
Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM
Page 173 of 620
Current TYNDP : TYNDP 2017 - Annex A