IUGS 2026/2027 cycle

Please note that stock transfer determines the conditions for transferring stock from the season in which the product usage period ends to the next storage season.

Inčukalns Underground Gas Storage Regulations Annex 2, in the description of each capacity product, specifies the conditions under which stocks are transferred to the next storage cycle if the user has a gas stock balance at the end of the gas day on April 30.

Therefore:

  • If, at the end of the gas day on April 30, 2026, there is an stock (gas) balance in the 1-year bundled capacity product (IPGK1YP), but the user does not have booked either IPGK1YP or the 5-year bundled capacity product (IPGK5YP) for the 2026/2027 cycle, the user is required to remove gas from the storage. The system user pays a storage fee without a capacity product of 0.11 EUR for each stock MWh (Regulations point No. 28.1)
  • If the user has a gas balance in the 2-year bundled capacity product (IPGK2YP), it can be transferred to IPGK1YP or IPGK5YP by notifying the operator.
  • If the operator has not received a notification about stock transfer and at the end of the gas day on April 30, 2026, there is a stock (gas) balance in IPGK2YP, a stock transfer product (INTP) will automatically be booked in the amount of stock, and the stock balance will be assigned to this product. The tariff for the stock transfer product (INTP) for the 2026/2027 cycle is set at 4.1246 EUR/MWh excluding VAT.
  • If the user wants to transfer stocks to IPGK5YP, then up to 50% of the booked IPGK5YP capacity will be transferred free of charge, but for amount exceeding 50%, a transfer fee of 1.00 EUR/MWh applies.
  • If the user has booked IPGK1YP for the 2026/2027 cycle and wishes to transfer stocks to IPGK1YP, then the entire stock amount will be transferred for a fee, which for booked IPGK1YP in the 2026/2027 storage cycle is 2.00 EUR/MWh.

The system user must inform the system operator about the amount of stock to be transferred to IPGK1YP or IPGK5YP no later than five days before the end of the storage cycle, by April 24, 2026.

Please note that the stock transfer fee for the 2026/2027 season will be included on a single invoice for the entire 2026/2027 cycle and will be issued together with the first storage invoice by June 12, 2026.

The stock transfer fee will not be included in the calculation of the storage collateral for the 2026/2027 cycle.