1. Parametric price

Based on the dynamics of the price for negative balancing amount, OTE, a.s. is going to adjust the parametric price for the month of January 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 566 CZK/MWh will be set up in CS OTE on the 5th of January and will be valid for the delivery days of Jan 7th  2021 – Jan. 31st   2021 (previous parametric price for the month of January was set to 493 CZK/MWh).

Parametric price according to par. 7.2.2 of OTE Business terms for gas market is set to 630 CZK/MWh for the month of February 2021.

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)