PEGAS December Trading Results - Strong Spot Volumes With A Monthly Record On PEGs

PEGAS, the gas trading platform operated by Powernext, announced that a total volume of 50.8 TWh was traded in December 2014, which represents more than twice the volume traded over the same period last year (December 2013: 23.0 TWh).

Spot Markets

Trading volumes on the Spot Markets reached 33.8 TWh in December (December 2013: 16.5 TWh). The volume on the German spot markets (GASPOOL and NCG market areas) amounted to 15.5 TWh (December 2013: 8.0 TWh). This volume includes 3.5 TWh traded in quality-specific gas products. The French spot markets (PEG Nord, PEG Sud, PEG TIGF market areas) registered a new monthly record with 10.6 TWh (December 2013: 7.0 TWh). The previous monthly record was set in October 2014 with 9.7 TWh. The volume on the Dutch TTF spot market increased 5-fold to 7.6 TWh compared with the previous year (December 2013: 1.5 TWh). 131,318 MWh were traded on the Belgian ZTP spot market in December. The total volume of spread transactions reached 2.7 TWh.

Derivatives Markets 

In December, trading volumes on the PEGAS Derivatives Markets more than doubled compared to the previous year with a volume of 17.0 TWh (December 2013: 6.5 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) reached 7.3 TWh (December 2013: 1.9 TWh). In the French market areas, a total of 1.5 TWh was traded on PEG Nord and PEG Sud Futures (December 2013: 2.6 TWh). On the Dutch TTF Futures market, the total traded volume amounted to 8.2 TWh which represents more than four times the volume traded over the same period last year (December 2013: 2.0 TWh). In December, the total amount of spread transactions reached 1.1 TWh. 

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