A record breaking month on the Baltic Gas Exchange – trading volumes exceeded 415 GWh. Baltic Gas Exchange GET Baltic completed first year operating as regional gas exchange by capturing new record results. In June 2018 concluding record number of transactions – 324, trading volumes exceeded 415 GWh and has reached new heights not only since the beginning of the Baltic Gas Exchange operation from 1 July 2017 but also over past 4.5 years when trading was organized only on Lithuanian market area. Comparing to May 2018 (57 GWh) trading volumes has increased 7 times. Together with increased trading volumes the record of one transaction volume (15 GWh) and one gas day delivery volume (29 GWh) were captured. The growth of traded volumes were directly influenced by up to 1323 GWh increased supply on Lithuanian market area which was used by market participants from all the Baltics. 19 participants submitted orders and concluded transactions during June 2018 (May 2018 – 15).
Baltic Gas Spot Index (BGSI) which captures changes of natural gas prices in the Baltics, value in June 2018 was 20.33 EUR/MWh and compared to May 2018 (19.85 EUR/MWh) increased by 2.42%. Exchange participants concluded transactions In Lithuanian market area paid the weighted average price of 20.32 EUR/MWh (↑2.26%), in Latvian market area – 21.42 EUR/MWh (↑8.07%), Estonian market area – 21.92 EUR/MWh (↑15.19%).
More detailed information is on the Baltic Gas Exchange Trading Report for the June 2018.
All Baltic Gas Exchange Trading Report are availabale at www.getbaltic.com.