Baltic Gas Exchange Trading Report for August 2019 Has Been Announced
Trading on the natural gas exchange remained active during the last month of summer
In August 2019 Baltic Gas Exchange GET Baltic traded volume amounted to 78 GWh of natural gas. Comparing with July 2019 (132 GWh) traded volume decreased by 40 percent. With the decrease in turnover trading on the exchange remained active. A total of 644 transactions were concluded (July 2019 – 697). Trading for August delivery took place on both – daily (640 transactions were concluded) and monthly (4 transactions were concluded) markets. During August 2019 orders were submitted and transactions concluded by 21 participants.
As individual transactions prices fluctuated between 10.70 EUR/MWh and 14.00 EUR/MWh, Baltic Gas Spot Index (BGSI), which captures daily market gas prices changes in the Baltics, value in August 2019 was 12.00 EUR/MWh – it is the lowest monthly BGSI value in 2019. Compared to July 2019 (12.56 EUR/MWh) it decreased by 4%. Exchange participants concluded transactions in Lithuanian market area paid the weighted average price of 11.55 EUR/MWh (↓7%), in Latvian market area – 13.06 EUR/MWh (↓3%), Estonian market area – 13.24 EUR/MWh (↑2%).
More detailed information is on the Baltic Gas Exchange Trading Report for the August 2019.
All Baltic Gas Exchange Trading Report are available at www.getbaltic.com.