PEGAS: November Trading Results

PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 55.4 TWh was traded in November 2014, which represents almost twice the volume traded over the same period last year (November 2013: 27.8 TWh).

Spot Markets

Trading volumes on the Spot Markets reached 28.5 TWh in November (November 2013: 19.3 TWh). The volume on the German spot markets (GASPOOL and NCG market areas) amounted to 13.2 TWh (November 2013: 8.6 TWh). This volume includes 2.6 TWh traded in quality-specific gas products. The French spot markets (PEG Nord, PEG Sud, PEG TIGF market areas) registered 7.5 TWh (November 2013: 8.8 TWh). The volume on the Dutch TTF spot market almost quadrupled to 7.5 TWh (November 2013: 1.9 TWh). The Belgian ZTP spot market registered its best volume to date with 149,455 MWh. In November, the total volume of spread transactions reached 2.7 TWh.

Derivatives Markets

In November, trading volumes on the PEGAS Derivatives Markets more than tripled compared to the previous year with a volume of 26.9 TWh(November 2013: 8.5 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) increased to 6.7 TWh (November 2013: 3.9 TWh). In the French market areas, a total of 3.7 TWh was traded on PEG Nord and PEG Sud Futures (November 2013: 2.1 TWh). On the Dutch TTF Futures market, the total traded volume amounted to 16.5 TWh which represents more than six times the volume traded over the same period last year (November 2013: 2.5 TWh). In November, the total amount of spread transactions reached 1.2 TWh. The Derivatives volume included 1.2 TWh which were registered on PEGAS for clearing.

Details on the natural gas volumes and prices are available in the statistics below.

Volumes

Indices