1. Parametric price

Based on the dynamics of the price for negative balancing amount, OTE, a.s. adjusts the parametric price for the month of September 2020 according to paragraph 7.2.2. of Business Terms of OTE, a.s. for the Gas Sector. The new parametric price in the amount of 318 CZK/MWh will be set up in CS OTE on the 3^rd  of September and will be valid for the delivery days of Sept. 5^th 2020 – Sept. 30^th 2020 (previous parametric price for the month of September 2020 was set to 244 CZK/MWh)

Parametric price according to par. 7.2.2 of OTE Business terms for gas market is set to 352 CZK/MWh for the month of October 2020.

The way of this price calculation is n the attached file.doc (30 KB)

   2. Bank account details for increasing financial security related to gas trading

Bank account nr.: 43-1680730297/0100
IBAN: CZ03 0100 0000 4316 8073 0297
SWIFT (BIC): KOMBCZPPXXX

Bank: Komerční banka, a.s.
Address: VÁCLAVSKÉ NÁM. 42
114 07 PRAHA 1

   3. OTE risk management contacts

If you have any questions, please contact the risk management department:

   4. Documents to download

• The form for determination of the initial amount of financial security (XLS 76KB) Czech version - for purpose of agreement terms
• The form for determination of change of the amount of financial security (XLS 64KB) Czech version - for purpose of agreement terms
• The form for determination of the amount of financial security (XLS 68KB) English translation provided for information purposes only
• Sample wording of the guarantee sheet - Czech only (DOC 20KB)