Περιγραφή της προμήθειας
The assignment is divided in two phases:
(a) the preparatory phase; and
(b) the implementation phase.
The assignment of the implementation phase to the technical advisor is subject to the prior written approval of HRADF.
The technical advisor’s scope of work will be based on existing data and no collection of raw data/procurement of new data will be required.
The assignment will include the following:
A. During the Preparatory Phase, the Technical Advisor shall (inter alia):
(i) review and assess all existing data on the Project’s technical components and operation (the ‘Data’) for their compliance with the industry’s international best practises and completeness with regards to the Project’s feasibility, making an evaluation of the Project’s feasibility and deliverability, particularly with regards to:
(a) the geological, geomechanical and geographical suitability of the depleted offshore natural gas field in for its conversion to a UGS facility;
(b) the surface and subsurface equipment components and propose additional technology and equipment necessary for the conversion of the depleted gas field to a UGS facility;
(c) the existing design and the proposed connection infrastructure required for the import/export of natural gas as well as the adequacy of storage capacity for the Project;
(d) the UGS’s ability to deliver strategic (security of supply) gas reserves and provide gas supply optimisation activities (via gas trading activities) both separately and simultaneously;
(e) the permitting and licensing requirements for the construction and operation of the Project,
(f) the technical and environmental risks of delivering a UGS facility and its connection to the National Gas Transmission System in terms of construction (connection infrastructure etc.) and operation;
(g) an estimation of the required capital expenditures and operating expenses (including maintenance requirements and related costs) of the Project;
(h) any available, relevant contracts with third parties which may affect the Project’s delivery and operation from a technical perspective.
(ii) deliver a due diligence report describing the results of all due diligence tasks of a technical nature that were performed, including also a summary of the review and evaluation on the feasibility and deliverability of the Project (the ‘Due Diligence Report’).
(iii) catalogue and sequence all the Data for the preparation of a Virtual Data Room (‘VDR’), including an indicative VDR index.
(iv) provide all other support and proposals, as reasonably requested, for the facilitation of HRADF’s approval process or any other approval processes that may be deemed necessary.
B. During the Implementation Phase the Technical Advisor shall (inter alia):
(i) assist HRADF in the transaction process for the concession of the right to use and develop the almost depleted gas field in South Kavala for its conversion and exploitation as a UGS facility (the ‘Transaction’) until its completion;
(ii) draft the technical sections of the tender documents and the concession agreement;
(iii) assist HRADF in any communication with third parties (i.e. Hellenic Republic, RAE, etc);
(iv) catalogue and sequence all the Data for the preparation of a Virtual Data Room (‘VDR’) that will need to be provided to investors;
(v) prepare all relevant marketing materials/presentations/transaction documents (e.g. Confidential Information Memorandum) based on the Due Diligence Report;
(vi) evaluate and compile the VDR Data;
(vii) facilitate site visits;
(viii) support HRADF during the buyer’s due diligence process by being, inter alia, available and accessible for Q&A sessions with potential investors and by promptly providing feedback to written questions in relation to technical matters;
(ix) review and evaluate the technical parameters proposed by interested investors and cooperate with HRADF’s other advisors to review their impact on commercial metrics;
(x) assist communications with interested investors where appropriate.