Registration of users and agents
As established in Royal Decree 984/2015, of October 30, which regulates the organized gas market and third party access to the natural gas system facilities, the status of Guarantees Manager User allows formalizing and managing guarantees for the activities of imbalances, capacity contracting and Organized Gas Market.
The aforementioned Royal Decree also defines an Agent as a legal entity that, having acquired the status of Qualified Entity, signed the Contract of Adherence to the Rules of the Organized Gas Market and complied with the requirements established in said Rules, is authorized to trade on the Market. Likewise, it is specified that Agents may participate in the market directly or through a representative and that representatives who are not Agents must register as Representative Entities.
To start the registration process in MIBGAS as a Guarantees Manager User, Market Agent or Representative Entity, the following form must be sent:
Likewise, in order to trade futures products, indexed products, products with delivery at the TVB and AVB or to register OTC trades, it will be necessary to register as Agents in MIBGAS Derivatives.
Below, you can find the MIBGAS and MIBGAS Derivatives Access Guide with all the steps to follow to acquire the status of Guarantees Manager User, Agent or Representative Entity, both in MIBGAS and, if applicable, in MIBGAS Derivatives, as well as the necessary forms, including the required powers of attorney or contracts.