Gas Shrinkage

Concepts

• gas shrinkage
• newport
• professional services
• wwu
• own use gas
• gas industry
• daily shrinkage gas requirement
• gas
• shrinkage procurement service
• shrinkage gas

Location

Wales:

Description

WWU is required to purchase gas which is predominantly gas which is unaccounted for or used in connection with the operation of its network in accordance with Section N of the Uniform Network Code (UNC). Under UNC rules, Shrinkage Gas is dealt with on a daily basis with Wales & West being required to acquire gas to meet its daily Shrinkage Gas requirement. Shrinkage Gas comprises: Own use gas - gas used by WWU in connection with the operation of its network including gas used in running compressors, gas used for preheating and vented gas; Unaccounted for gas - gas which is lost or otherwise not accounted for as offtaken from its network including gas lost or unaccounted for by reason of unidentified theft and leakage WWU are allowed to recover the market related costs of purchasing a pre-determined target daily volume of Shrinkage Gas in each year via its regulated transportation revenue.

Total Quantity or Scope

WWU requires an Agent to provide a Shrinkage Procurement Service which includes nominating, transacting and purchasing the daily Shrinkage Gas quantities on behalf of WWU. At the end of each month, the Agent should provide a report setting out the cost of all gas transactions for the month, identifying separately the Agent's management fee. WWU requires an Agent to provide a Shrinkage Procurement Service which includes nominating, transacting and purchasing the daily Shrinkage Gas quantities on behalf of WWU. At the end of each month, the Agent should provide a report setting out the cost of all gas transactions for the month, identifying separately the Agent's management fee.

Renewal Options

Two X 12 month extensions possible

CPV Codes

• 76100000 - Professional services for the gas industry
• 66132000 - Commodity brokerage services

Indicators

• This is a recurring contract.
• Renewals are available.

Other Information

WWU would like to invite expressions of interest based on the information specified and for interested suppliers to submit their EOI to gemma.deverill@wwutilities.co.uk Please note no further qualification or tender information will be published until the expression of interest period has closed. ** PREVIEW NOTICE, please check Find a Tender for full details. ** Participants wanting to participate in this sourcing activity must confirm their expression of interest and ability to provide the service required by e-mailing gemma.deverill@wwutilities.co.uk before the deadline of 19th January 2022. Please include the following information in your email: 1) Full company name; 2) Main contact details (name, job title, email address, and telephone numbers). Please note the the tender will be run via our procurement portal Bravo which requires suppliers to be registered to participate, failure to register will result in the supplier not being able to participate in the sourcing event.