PEGAS Trading Volumes In April 2018 - PEGAS Reports A 19% Volume Increase Year-To-Year In April

PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 147.7 TWh in March 2018, including 1.3 TWh on its options segment. The spot and futures markets reported a total of 146.4 TWh which represents a year-to-year growth of 19% (March 2017: 123.4 TWh), thanks mainly to an increase on PEGAS TTF Spot and Futures and a record-breaking month on PEGAS CEGH VTP Futures.

Spot Markets

Spot trading volumes in April amounted to 77.6 TWh , up 22% over the previous year (63.4 TWh). The Dutch market area TTF registered 29.9 TWh, a growth of 86% (April 2017: 16.1 TWh). GASPOOL increased its volume by 6% with 9.7 TWh (April 2017: 9.1 TWh) for a total of 23.4 TWh on the German delivery zones. Trading of quality-specific contracts reached 6.1 TWh. The French delivery zones PEG Nord and TRS achieved a volume of 11.4 TWh (April 2017: 12.8 TWh). The Austrian CEGH VTP volume reached 6.0 TWh, up 72% over the previous year (April 2017: 3.5 TWh). The Belgian hub ZTP saw another good monthly volume with 3.9 TWh, an increase of 11% (April 2017: 3.5 TWh). The Danish market ETF reported 1.7 TWh, a growth of 13% over last year (1.5 TWh). Finally, the Czech market area CZ VTP traded 102 GWh.

Geographical spread transactions reached 4.7 TWh, while the German and French locational and hourly products totalled 1.0 TWh.

Derivatives Markets

In April, PEGAS derivatives reached 68.7 TWh , which represents a 15% boost from the previous year (April 2017: 60.0 TWh). Volumes on the TTF futures market grew by 5% to 54.9 TWh compared to April 2017 (52.5 TWh). In Germany, the NCG and GASPOOL delivery areas improved by 24% with 6.0 TWh (April 2017: 4.9 TWh). Trading on the CEGH VTP delivery zone reached an all-time high with 4.8 TWh (previous record: 3.0 TWh in August 2017), becoming the second largest volume on PEGAS behind TTF for this specific period. In France, the PEG Nord and TRS market areas traded 1.6 TWh, up 8% (April 2017: 1.5 TWh). The Italian PSV hubs almost tripled the previous year’s volume with 1.1 TWh (April 2017: 366 GWh). Trading on the CZ VTP hub amounted to 200 GWh.

The volume of geographical spread transactions accounted for 3.2 TWh and time spread transactions amounted to 3.3 TWh.

Details of the market results are available in the enclosed monthly report.


PEGAS is the central gas trading platform of EEX Group operated by Powernext. PEGAS provides its members with access to all products on one single platform and allows them to trade natural gas contracts in the Austrian, Belgian, Czech, Danish, Dutch, French, German, Italian and UK market areas. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location, time spread, and options products on the TTF hub. This setup enables market harmonisation and forms the preferred pan-European natural gas market. For more information: www.powernext.com/pegas-trading

_____

PEGAS – Monthly Figures Report for April 2018