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PEGAS spot volumes increase by 28 per cent year-on-year

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PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 123.4 TWh in April 2017, fuelled by the spot segment with 63.4 TWh.

Spot trading volumes in April reached 63.4 TWh, an increase of 28 per cent compared to the previous year (49.5 TWh).
On the Dutch market area TTF, 16.1 TWh were traded, which represents a growth of 18 per cent compared to April 2016 (13.6 TWh).
The German delivery zones registered a total volume of 24.0 TWh (April 2016: 24.6 TWh), and trading of quality-specific spot contracts totalled 7.8 TWh.
The French PEGs volume amounted to 12.8 TWh (+ 37 per cent). The Belgian markets ZTP and ZEE rose to 4.3 TWh, a sharp increase of 165 per cent compared to the previous year (1.6 TWh).
The Austrian CEGH VTP reached 3.5 TWh, while the Danish market ETF registered a volume of 1.5 TWh in April.
The geographical spread transactions accounted for 3.8 TWh, while the German and French locational and hourly products France totalled 1.3 TWh. 
In April, the volume on the PEGAS derivatives market reached 60.0 TWh, driven by the TTF futures market with 52.5 TWh. Trading in the NCG and GASPOOL delivery areas amounted to 4.9 TWh in April. The French PEG Nord and TRS market areas totalled 1.5 TWh, and the Italian PSV delivery zones amounted to 366 GWh.
The Austrian CEGH VTP market area registered 669 GWh and, finally, 22 GWh were negotiated on the Danish ETF front month contract in April.
The time spread products totalled 2.9 TWh in April. The volume of geographical spread transactions amounted to 1.4 TWh.

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