How does a buyer purchase gas through GACN?

Question

Accepted Answer

Buyer logs gas request with GACN through an introductory letter indicating gas use, volume and plant location.
GACN invites Buyer to an introductory meeting wherein Buyer is expected to make a formal presentation of proposed project. In conclusion, GACN also presents its roles and responsibilities in the domestic gas market and gives an outline of the Due Diligence process.
Buyer makes payment of mandatory processing fee to access DSO gas within GACN framework.
On confirmation of receipt of payment of the above fee, GACN issues Due Diligence documents to Buyer.
Buyers receives and issues acknowledgement for gas request form and Due Diligence Questionnaire.
Buyers completes Gas Request Form (GRF) and Due Diligence (DD) Questionnaire.
Simultaneously, GACN executes Confidential Agreement with the Buyer.
Buyers submits completed DD Questionnaire and GRF to GACN
GACN evaluate buyer’s submission based on DPR approved methodology. As part of the process, GACN carries out a site verification visit to the Buyer’s proposed project/facilities and if successful at the end of the evaluation, progresses to the Gas Demand Pool.
GACN allocates Gas Sellers (S) and indicative Transporter to Buyers’ accepted to Gas Demand Pool, based on gas availability and delivery time of project.
GACN facilitates negotiation and execution of GSAA (Gas Sale and Aggregation Agreement) between the Buyer & Seller(s).

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