PEGAS Trading Results For June 2015 - Trading Volumes On PEGAS Increase By 41%

PEGAS, the pan-European gas trading platform operated by Powernext, today announced that a total volume of 68.9 TWh were traded in June 2015.  This represents a year on year increase of 41% (June 2014: 48.8 TWh).

Spot Markets

Overall spot trading volumes amounted to 28.4 TWh which represents a year on year increase of 31%. PEGAS recorded volume increases in particular in the German, French and Dutch market areas. The June volume in the German GASPOOL and NCG areas increased to 12.0 TWh (+33%), including 3.6 TWh traded in quality-specific gas products. The volume in the French PEG Nord and TRS market area rose to 8.0 TWh (+40%). The Dutch TTF spot volume reached 8.1 TWh (+17%) while the Belgian ZTP spot market registered a volume of 222,715 MWh. The total volume of spread transactions amounted to 2.3 TWh.

Derivatives Markets

In June, trading volumes on the PEGAS Derivatives Markets reached 40.4 TWh, representing a 50% increase compared to the previous year. The Dutch TTF futures mainly contributed to this increase with a volume of 31.7 TWh. This constitutes an increase of 72%  and the second-highest monthly volume traded on this market (record: 33.7 TWh in March 2015). The volume in the German GASPOOL and NCG market areas totalled 4.9 TWh, while the French PEG Nord and TRS market areas reached 3.6 TWh. Transactions registered for clearing via trade registration amounted to 3.3 TWh.

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