4. A grid operator that has received a request for gas transit shall without delay—
(a)notify the Commission, the Secretary of State for Trade and Industry and the Director General of Gas Supply of the request;
(b)open negotiations on the conditions of the gas transit requested;
(c)inform the Commission, the Secretary of State for Trade and Industry and the Director General of Gas Supply of the conclusion of a gas transit contract; and
(d)in the event that a gas transit contract is not concluded within twelve months of receipt of the request for gas transit, inform the Commission, the Secretary of State for Trade and Industry and the Director General of Gas Supply of the reasons for the failure of the negotiations to result in the conclusion of a gas transit contract.