FantasticSearch

1. LNG market data shall include:

(a) the parties to the contract, including buy or sell indicator;

(b) the reporting party;

(c) the transaction price;

(d) the contract quantities;

(e) the value of the contract;

(f) the arrival window for the LNG cargo;

(g) the terms of delivery;

(h) the delivery points;

(i) the timestamp information on all of the following:

(i) the date and time of placing the bid or offer;

(ii) the transaction date and time;

(iii) the date and time of reporting of the bid, offer or transaction;

(iv) the receipt of LNG market data by the Agency.

2. LNG market participants shall provide the Agency with LNG market data in the following units and currencies:

(a) transaction, bid and offer unit prices shall be reported in the currency specified in the contract and in EUR/MWh and shall include the applied conversion and exchange rates, if applicable;

(b) contract quantities shall be reported in the units specified in the contract and in MWh;

(c) arrival windows shall be reported in terms of delivery dates expressed in UTC format;

(d) the delivery point shall indicate a valid identifier listed by the Agency such as referred to in the list of LNG facilities subject to reporting pursuant to this Regulation and Implementing Regulation (EU) No 1348/2014; the timestamp information shall be reported in UTC format;

(e) if relevant, the price formula in the long-term contract from which the price is derived shall be reported in its integrity.

3. The Agency shall issue guidance regarding the criteria under which a single submitter accounts for a significant portion of LNG market data submitted within a certain reference period and how this situation shall be addressed in its daily LNG price assessment and LNG benchmark.