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how to participate PGAS
The platform for the trading of bids/offers of natural gas (P-GAS) is open to all parties that:
  • have adequate professional qualifications and are proficient in the use of ICT systems and related security systems;
  • are authorised to operate at the “Punto di Scambio Virtuale” (PSV – Virtual Trading Point).
For admission to the P-GAS, the applicant must:

1. submit the Participation Application (in the format enclosed to the P-GAS Regulations), accompanied by: I. a copy of a personal identity document of the signer of the application; II. documents certifying that he/she/it is authorised to operate at the PSV; and III. if the applicant represents an organisation, a declaration certifying the powers of representation of the signer of the application.

2. submit the Participation Agreement (in the format enclosed to the P-GAS Regulations). The Agreement must be initialled on each page and signed by the applicant or, if the applicant represents an organisation, by the legal representative of the organisation; in the Agreement, the contracting party must declare to be aware of and to accept the P-GAS Regulations without any condition or reservation.

The notification of admission to the P-GAS platform qualifies the applicant as P-GAS Participant. P-GAS Participants are entered into the “Register of P-GAS Participants”, which is held by GME in compliance with personal data privacy legislation.

P-GAS Participants are required to pay a (one-time) access fee, a yearly fixed fee (every 12 months, beginning on the date of admission), a variable fee and a clearing fee (for additional information, go the Fees section). The obligation to pay the fees terminates only if the Participant submits to GME a formal request of exclusion from the P-GAS platform.

(ATTENTION: if the Participant is not active on the P-GAS but does not submit a formal request of exclusion therefrom, he/she is held to pay the yearly fixed fee).

The Participation Application and all the documents to be enclosed thereto should be submitted only in the Italian version .

 
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