The European Energy Exchange (EEX) is expanding its product offering on the EEX natural gas derivatives markets with new, financially settled EEX TTF Natural Gas Month Futures denominated in $/MMBtu, from 15 April 2024.
The new products will be available with up to 72 monthly expiries, complementing EEX’s existing offering for the LNG market, which currently comprises the EEX JKM LNG Natural Gas Futures.
LNG is a fast-growing global commodity, and in the first half of 2023 LNG imports to the UK and Europe exceeded pipeline delivery for the first time. In 2023, LNG made up 42% of the EU’s total gas imports.