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PEGAS: Volumes for December 2013
Overall, trading volumes on the Spot Markets amounted to 16.5 TWh in December 2013. The German spot markets (market areas GASPOOL and NCG) recorded a volume of 8.0 TWh which included 0.9 TWh traded in German quality-specific gas products in December. In the French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) the traded volume amounted to 7.0 TWh. The Dutch spot market recorded a volume of 1.5 TWh. In December 2013, the Spot Market volume included 2.0 TWh traded in spread products.
In December 2013, trading volumes on the PEGAS Derivatives Markets amounted to 6.5 TWh. The German Futures markets (GASPOOL and NCG market areas) recorded a volume of 1.9 TWh. In the French market areas, a total of 2.6 TWh was traded on PEG Nord and PEG Sud Futures. The TTF Futures market recorded a volume of 2.0 TWh in December. The Derivatives Market volume included 1.3 TWh traded in spread products.
Details on the natural gas volumes and prices are available in the enclosed monthly report.
About PEGAS - Pan-European Gas Cooperation:
PEGAS is a cooperation between the European Energy Exchange (EEX) and Powernext. In the framework of this cooperation, both companies combine their natural gas market activities to create a pan-European gas offering. Members benefit from one common Trayport gas trading platform with access to all spot and derivatives market products offered by the two exchanges for the German, French and Dutch market areas. Furthermore, spread products between these market areas are tradable on the same trading platform. For more information: www.pegastrading.com
Powernext SA manages complementary, transparent and anonymous energy markets. Powernext Gas Spot and Powernext Gas Futures were launched on 26 November 2008 in order to hedge volume and price risks for natural gas in France and in the Netherlands. Powernext manages the National Registry for electricity guarantees of origin in France since 1 May 2013. Powernext owns 50 % in EPEX SPOT and 20 % in EEX Power Derivatives. For more information: www.powernext.com
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