Trading Products

GET Baltic exchange participants has a possibility to trade natural gas products on Lithuanian, Latvian and Estonian market areas. Trading takes place every day (on weekdays, weekends and holidays) from 10:00 until 14:00 during the trading session.

Products traded on the exchange are classified according to the term of delivery:

Previous day
Description The product is traded at the end of its delivery day. The product is intended to facilitate the management of imbalance positions of market participants.
Market area Lithuania, Estonia
Units MWh
Volume ≥1 MWh
Minimum volume tick 1 MWh
Price €/MWh
Minimum price tick 0,01 €/MWh
Trading with capacity No
Delivery Products with physical delivery to Lithuanian and Estonian VTP.
Delivery of the product takes place from day D-1 07:00 until day D 07:00 (using EET in winter time and EEST in summer time).
Within day
Description The product is traded on the current calendar day.
Market area Lithuania, Latvia, Estonia
Units MWh
Volume ≥1 MWh
Minimum volume tick 1 MWh
Price €/MWh 
Minimum price tick 0,01 €/MWh
Trading with capacity No
Delivery Products with physical delivery to Lithuanian, Latvian and Estonian VTP. Delivery of the product takes place from day D 07:00 until day D+1 07:00 (using EET in winter time and EEST in summer time).
Day-ahead
Description Day-ahead product is traded together with the cross-border capacities allocated by the implicit capacity allocation method at the interconnection points of transmission systems. At the extent of available cross-border capacities, the order to sell and (or) to buy is displayed in all market areas. If available capacities are not available, trade is only carried out in a market area to which an order is submitted.
Market area Lithuania, Latvia, Estonia
Units MWh
Volume ≥1 MWh
Minimum volume tick 1 MWh
Price €/MWh 
Minimum price tick 0,01 €/MWh
Trading with capacity Yes
Delivery Products with physical delivery to Lithuanian, Latvian and Estonian VTP. Delivery of the product takes place from day D+1 07:00 until day D+2 07:00 (using EET in winter time and EEST in summer time).
Nearest day-ahead
Description Forward delivery of natural gas for up to 150 next days is traded.
Market area Lithuania, Latvia, Estonia
Units MWh
Volume ≥1 MWh
Minumum volume tick 1 MWh
Price €/MWh 
Minumum price tick 0,01 €/MWh
Trading with capacities No
Delivery Products with physical delivery to Lithuanian, Latvian and Estonian VTP. Delivery of the product takes place from day D+1 07:00 until day D+150 07:00 (using EET in winter time and EEST in summer time).
Monthly
Description Trading is organized for the next month's delivery period (up to twelve months into the future). The amount of natural gas purchased / sold is presented on a scheduled basis on each day of the next calendar month.
Market area Lithuania, Latvia, Estonia
Units MWh
Volume 28 MWh - February
29 MWh - February  (leap year)
30 MWh – April, June, September, November
31 MWh – January, March, May, July, August, October, December
Minimum volume tick 1 MWh
Price €/MWh
Minimum price tick 0,01 €/MWh
Trading with capacities No
Delivery Products with physical delivery to Lithuanian, Latvian and Estinian VTP. Delivery of the product takes place from the first calendar month day 07:00 until next month first calendar day 07:00 (using EET in winter time and EEST in summer time).