PEGAS: April Volumes Increase By 174 Percent Year-On-Year - New Monthly Record On TTF Futures

PEGAS, the natural gas platform commonly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 42.5 TWh was traded in April 2014. It represents an increase of 174 percent compared to 15.6 TWh traded on the natural gas markets of EEX and Powernext in April 2013.

Spot Markets

Overall trading volumes on the Spot Markets amounted to 18.8 TWh in April. The German spot markets (market areas GASPOOL and NCG) recorded a volume of 8.8 TWh which represents an increase of 82 percent compared to the previous year (April 2013: 4.8 TWh). This volume included 1.6 TWh traded in quality-specific gas products in April. The French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) registered a total of 6.0 TWh in April which represents an increase of over 21 percent compared to the previous year (April 2013: 5.0 TWh). The volume on the Dutch TTF spot market more than tripled to 4.0 TWh compared to the previous year (April 2013: 1.3 TWh). The overall Spot Market volume included 1.5 TWh traded in spread products.

Derivatives Markets

In April, trading volumes on the PEGAS Derivatives Markets amounted to 23.7 TWh. The volume traded on the German Futures markets (GASPOOL and NCG market areas) almost doubled to 4.6 TWh compared with the previous year (April 2013: 2.4 TWh). The TTF Futures market reached a new monthly volume record with 16.0 TWh in April which represents an increase of 59 percent compared to the previous record of 10.0 TWh traded in March 2014. In the French market areas, a total of 3.2 TWh was traded on PEG Nord and PEG Sud Futures which is more than double the volume traded in April 2013 (1.4 TWh).

Details on the natural gas volumes and prices are available in the enclosed monthly report.

PEGAS – Monthly Figures Report for April 2014

Volumes

Indices

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