TPA to LNG Terminals in Italy
Article from: OGEL 1 (2004), in National and International Issues in Natural Gas Development
Summary
The article aims briefly to describe the third party access rules to the natural gas re-gasification terminals. The focus is on the national legislation implementing EU Directive 98/30 and, in particular, on Italian regulator resolutions. The resolutions at issue establish that operators financing the terminals. construction will obtain an 80 per cent quota of the re-gasification capacity that may be assigned to third parties under the 'negotiated regime'. Such provisions offer to investors a high level of security to remunerate the invested capital. Indeed, the system of the privileges ...