Baltic Gas Exchange Trading Report for October 2019 Has Been Announced
Activity increased in all market areas of the Baltic Gas Exchange
In October 2019 Baltic Gas Exchange GET Baltic traded volume amounted to 207 GWh. In October traded volume increased in all market areas: Lithuanian, Latvian and Estonian. Comparing with September 2019 (108 GWh) traded volume almost doubled, while comparing year on year (33 GWh) – increased even 6 times. Accordingly, in October the volume of submitted orders to buy and to sell natural gas were 3 times bigger comparing with the volume submitted in September. During October all 603 transactions were concluded on a daily market. Orders were submitted by 24 participants and transactions concluded by 20 of them.
Baltic Gas Spot Index (BGSI) which captures daily market gas prices changes in the Baltics, value in October 2019 was 14.54 EUR/MWh and compared to August 2019 (12.58 EUR/MWh), increased by 16%. Exchange participants concluded transactions in Lithuanian market area paid the weighted average price of 14.50 EUR/MWh (↑17%), in Latvian market area – 14.70 EUR/MWh (↑11%), Estonian market area – 14.77 EUR/MWh (↑10%).
More detailed information is on the Baltic Gas Exchange Trading Report for the October 2019
All Baltic Gas Exchange Trading Report are available at www.getbaltic.com.