GetBaltic website uses two main types of cookies.
By continuing to browse, you agree to the necessary cookies. You can also agree to the use of other cookies. Cookies policy
The downward price trend on the gas exchange continues – a new record is captured
In April 2020 Baltic-Finnish Gas Exchange GET Baltic traded volume amounted to 461 GWh: 387 GWh were traded on a daily market and 73 GWh – on a market of monthly transactions. 47% of all traded volume was purchased in Finland (218 GWh; 785 transactions), 47% in Lithuania (215 GWh; 752 transactions) and 6% in common Latvian-Estonian market area (28 GWh; 87 transactions).
With the fall of natural gas prices for the four consecutive months, the average price on a daily market settled at 10.26 EUR/MWh – the lowest average price this year. As individual transactions prices fluctuated between 7.14 EUR/MWh and 16.65 EUR/MWh, the lowest transaction price in the history of GET Baltic is recorded for the third month in a row: the transaction was concluded in the common Latvian-Estonian market area for 7.14 EUR/MWh. In total 43 participants actively submitted orders during April and 41 of them successfully concluded transactions.
Baltic-Finnish Gas Spot Index (BGSI) which captures daily market gas prices changes, value in April 2020 was 10.26 EUR/MWh (March 2020 – 11.35 EUR/MWh). Participants concluded transactions in Lithuanian market area paid the weighted average price of 9.77EUR/MWh (↓0.4%), in Latvian-Estonian common market area – 9.73 EUR/MWh (↓9%), in Finnish market area – 11.20 EUR/MWh (↓16%). Baltic-Finnish Gas Monthly Index (BGMI), which captures monthly market gas prices changes, value in April 2020 was 12.40 EUR/MWh.
More detailed information is on the Baltic Gas Exchange Trading Report for the April 2020.
All Baltic Gas Exchange Trading Report are available at www.getbaltic.com.