Supply of Natural Gas to Suffolk Sourcing via Aggregated Portfolio
Suffolk Sourcing · Awarded contract
AwardedSupply of Natural Gas to Suffolk Sourcing via Aggregated Portfolio
Awarded 30 Sep 2020
Awarded30 Sep 2020
Value£2,518,351.50
AgencySuffolk Sourcing
RegionEast of England
CategoryEnergy & Environment
Ended 3y 1mo ago2y 12mo term
Awarded 30 Sept 2020Expired 29 Sept 2023
About
Suffolk Sourcing awarded a contract to GAZPROM MARKETING & TRADING RETAIL LIMITED for the supply of natural gas under a flexible risk-managed rolling three-year contract from 1 October 2020 to 30 September 2023, valued at £2,518,351.5.
The contract operates as an aggregated portfolio of daily metered (DM), metered, and non-daily metered (NDM) gas consumption, with gas purchased and sold on the traded wholesale energy market via OFGEM-licensed suppliers.
The portfolio may be split into purchasing in advance of year and purchasing within year, with natural gas priced to customers on a fixed cost basis for fixed term periods that may range from one month to over a year.
The supplier executes trades via a shared set strategy, and customers are aligned to a common contract start date.
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Supply of Natural Gas to Suffolk Sourcing via Aggregated Portfolio
Won by GAZPROM MARKETING & TRADING RETAIL LIMITED · Suffolk Sourcing
£2.5Mawarded
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