Bloomberg News

Zeebrugge Gas Trading Climbs to Record in May, APX-Endex Says

June 06, 2012

Natural-gas trading at Zeebrugge in Belgium climbed to a record 118 gigawatt-hours in May, according to APX-Endex Holding BV.

Futures and spot trading across all APX’s gas hubs increased 36 percent from a year earlier to 40.27 terawatt- hours, the exchange said in an e-mailed statement today. Spot trading was 15.45 terawatt-hours, it said.

Gas futures trading on the Title Transfer Facility in the Netherlands increased 37 percent to 24.82 terawatt-hours, according to the statement. APX offers gas contracts on the TTF, Belgium’s Zeebrugge and on the U.K. National Balancing Point.

Deutsche Bank AG became a member of the TTF spot market, adding to existing memberships in spot and futures in gas and power, APX said. Brainchild Capital Investments BV joined the TTF spot and futures exchanges and the Dutch power market. GasRec Ltd. became a member of the U.K. gas exchange.

To contact the reporter on this story: Matthew Brown in London at mbrown42@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus