November 28, 2022
On 24 November 2022, the Energy Council agreed on the content of a regulation aiming at enhancing solidarity through better coordination of gas purchases, exchanges of gas across borders and reliable price benchmarks. Enhancing transparency is at the heart of it. A pioneer in that matter, the gas infrastructure operators in Europe are committed to further supporting the implementation of this pivotal initiative.
“We support the call from the EU institutions to enhance the gas market transparency. In fact, this has been part of our core mission for more than 15 years now. GIE is currently providing the most accurate, efficient, and user-friendly energy market transparency instruments used by decision-makers and analysts to monitor the evolution of the gas market, i.e. LNG and storage markets. GIE’s AGSI and ALSI Transparency Platforms are real-time and go-to information sources offering daily reporting by storage and LNG terminal operators. Recently, GIE launched an interactive platform which enables users to customize the data visualisation according to their needs. We invite all new and interested market players to join our Platforms.”
Boyana Achovski, GIE Secretary General
Please find below GIE’s transparency platforms:
It displays daily data about the EU’s storage market, such as gas in storage, storage filling level, injection and withdrawal rates. All figures are reported per site by the storage system operator (SSO) and then aggregated per country. Relying on voluntary contributions, AGSI covers today around 99% of EU’s technical storage capacity.
This database shows details on EU’s storage system operators and their facilities. It shows the operational data such as working gas volume, injection and withdrawal capacities of storage facilities. It also lists the existing, under construction and planned storage sites. It is the basis of GIE’s Storage Map.
European SSOs publish the legally required information on their websites, including the reference in Regulation 715/2009. To promote access to this information, SSOs have voluntarily implemented a common Transparency Template under the umbrella of GIE. This Template aggregates hyperlinks and respects the diversity of business and regulatory conditions.
It displays daily data about EU’s LNG market, such as: LNG inventory and Send-out gas in storage, storage filling level, injection and withdrawal rates”. All figures are reported per site by LNG terminals operator (LSO) and then aggregated per country. Relying on voluntary contributions, ALSI covers today 100% of EU’s technical LNG capacities.
The LNG Investment Database is based on the LNG Map. It shows the development of the regasification and storage capacity of large-scale LNG terminals from 2005 as well as a forecast for the next years. The data are shown per terminal ranked by country. Some info graphs are included as well but can be adapted to individual needs easily.
The LNG Database is the base of the LNG Map. It shows the operational data such as send-out and storage capacity, max. ship class receivable, as well as the under-construction and planned LNG terminals. The database is available in an open format and also includes details and statistics on the operators and facilities. Data can be easily processed according to individual needs.
LSOs currently publish the legally required information on their websites, including the reference in Regulation 715/2009. To promote access to this information, LSOs have implemented on a voluntary basis a common Transparency Template, which aggregates hyperlinks and respects the diversity of business and regulatory conditions.
This Platform has been developed according to REGULATION (EU) No 1227/2011 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 25 October 2011 on wholesale energy market integrity and transparency (Official Journal of the European Union, L326/1). According to this Regulation, market participants publicly disclose inside information they possess about the businesses or facilities that they or their parent undertaking or a related undertaking own or control, or whose operational matters they or their undertaking are responsible for, either fully or partially.
GIE’s Maps provide comprehensive information on existing and under-construction gas infrastructure in Europe with a different focus: storage, LNG, Biomethane, Small Scale LNG, and System Development). They are updated annually with first-hand information provided by GIE members and publicly available information, making them a reliable source for decision-makers across the world. Maps are available free of charge.
Gas Infrastructure Europe (GIE) is the association representing the interests of European gas infrastructure operators active in gas transmission, gas storage and Liquefied Natural Gas (LNG) regasification. GIE is a trusted partner of European institutions, regulatory bodies and industry stakeholders. It is based in Brussels, the heart of European policymaking. GIE currently represents 70 member companies from 26 countries. GIE’s vision is that by 2050, the gas infrastructure will be the backbone of the new innovative energy system, allowing European citizens to benefit from a secure, efficient and sustainable energy supply.