EEX exchange PEGAS report August

PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 47.2 TWh was traded in August 2014 compared with 16.8 TWh traded over the same period of the previous year.

Spot Markets

Overall trading volumes on the Spot Markets totalled 22.6 TWh in August, which  amounted to more than twice the volume traded in August 2013 (10.4 TWh). The German spot markets (market areas GASPOOL and NCG) reached a record volume of 10.3 TWh (August 2013: 3.6 TWh), including 2.8 TWh traded in quality-specific gas products, which represents an all-time high as well. The French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) registered a total of 6.3 TWh (August 2013: 5.2 TWh). The volume traded on the Dutch TTF spot market amounted to 6.0 TWh traded in August (August 2013: 1.5 TWh). The Belgian ZTP spot market recorded 30,693 MWh. The overall Spot Market volume included 1.5 TWh traded in spread products. On 22 August, PEGAS registered its highest Spot daily volume with 3.0 TWh (previous record: 2.6 TWh on 17 April).

Derivatives Markets

In August, trading volumes on the PEGAS Derivatives Markets totalled 24.6 TWh (August 2013: 6.4 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) reached 5.6 TWh (August 2013: 2.4 TWh). In the French market areas, a total of 3.0 TWh was traded on PEG Nord and PEG Sud Futures (August 2013: 2.9 TWh). The Dutch TTF Futures market registered a total volume of 16.0 TWh traded in August (August 2013: 1.1 TWh).

In August 2014, Citadel Financial Products S.A.R.L. (GASPOOL and NCG Futures), Conocophillips (U.K.) Limited (GASPOOL Spot and Futures, NCG Spot and Futures), PetroChina International (London) Co., Limited (GASPOOL and NCG Spot, PEGs Spot and Futures; TTF Spot and Futures), Statkraft Markets GmbH (PEGs Spot and Futures, TTF Futures) and TrailStone GmbH (PEGs Spot and Futures, TTF Futures) were admitted as new members on the PEGAS markets.

Source; EEX

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