PEGAS, the pan-European gas trading platform operated by Powernext, achieved its second best monthly trading volume in November, with 194.5 TWh, up 34 per cent compared to the previous year (November 2016: 144.6 TWh).
It includes a volume record on the futures segment of the Italian PSV market area with 6.3 TWh (previous record: 6.0 TWh in August 2017).
Spot trading volume in November reached 74.3 TWh, up 19 per cent from the previous year (62.3 TWh). Over 22.1 TWh were traded on the Dutch market area TTF, which is 45 per cent higher than November 2016 (15.2 TWh). The German delivery zones NCG and GASPOOL registered a volume of 25.3 TWh, while trading of quality-specific spot contracts reached 7.6 TWh. The French PEGs volume traded 14.9 TWh and the Austrian CEGH VTP totalled 5.7 TWh. The Belgian markets ZTP and ZEE volumes amounted to 2.9 TWh. The Danish market ETF achieved an excellent month with 1.5 TWh.


Geographical spread transactions reached 4.2 TWh, while the German and French locational and hourly products totalled 1.9 TWh. 


In November, PEGAS derivatives rose to 120.3 TWh, up 46 per cent from the previous year (November 2016: 82.3 TWh). The TTF futures market crossed the 100 TWh mark with a total of 101.3 TWh, which represents a 60 per cent increase from November 2016 (63.2 TWh). The NCG and GASPOOL delivery areas reached 9.6 TWh. In France, the PEG Nord and TRS market areas reached 738 GWh. The Italian PSV delivery zone achieved its best month with 6.3 TWh and the CEGH VTP market area totalled 2.0 TWh.


Time spread transactions amounted to 6.9 TWh and the volume of geographical spread transactions accounted for 6.6 TWh.
