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Main Features of the South Gas Region

Main Features of the South Gas Region. Three countries involved: France, Portugal and Spain. A significant gas market with a consumption of nearly 80 billion cubic meters/year [1] (17% of the EU25) It contributes to the security of supply in Europe by means of diversification:

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Main Features of the South Gas Region

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  1. Main Features of the South Gas Region • Three countries involved: France, Portugal and Spain. • A significant gas market with a consumption of nearly 80 billion cubic meters/year [1] (17% of the EU25) • It contributes to the security of supply in Europe by means of diversification: • Main entries for the natural gas coming from the north of Africa • LNG, from a variety of origins, has an important role in the supplies (87% of LNG supplied to EU25 enters via this region). [1] The consumption of the whole French gas market is taken into consideration.

  2. The Action Plan of the South Gas Region • The Action Plan (published on www.ergeg.org)covers work and actions to be undertaken in the region in the next two years. Five priorities were identified: • Interconnection capacity • Interoperability • Transparency • Implementation of the Directive - market opening • Development of hubs

  3. Priorities and Action Plan of the South Gas Region

  4. Priorities and Action plan of the South Gas Region

  5. Priorities and Action plan of the South Gas Region

  6. Main results - the next six months • Interconnection capacity.Study (May) on future interconnection infrastructure needs for the period (2007-2015). This will allow decisions on further actions to enable new infrastructure projects develop in practice, and on further actions to manage possible congestions. • Interoperability. Study to identify the main interoperability problems - IG will then develop an action to solve the concrete interoperability obstacles identified by June 2007. • Transparency.Study on transparency and further capacity needs. Results and action plan to solve problems by summer 2007.

  7. Thank You • More information on the • South Gas Regional Energy Market (REM) • is available at www.ergeg.org • Become an “Online Subscriber” to automatically • receive news from the regions

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