Launch of New REMIT Platform

GET Baltic will be introducing updated REMIT data reporting platform. Baltic Gas Exchange GET Baltic is happy to announce a launch of new and improved REMIT platform in the beginning of May 2018. The new platform is designed to help our service users to report information related to bilateral contracts and fundamental data as fast and as comfortable as possible. Delivering simple and effective reporting REMIT portal will enable users to oversee all reporting process, access all reported data as well as respective ACER receipts.

GET Baltic’s REMIT data reporting service went live on 7th April 2016 when REMIT Implementing Regulation Article 6(3) on reporting contracts executed outside the organized market place came into force and has been successfully sending transaction reports to ACER ever since. Currently Baltic Gas Exchange has 32 registered service users which includes gas and electricity companies from all over the Europe.

More detailed information about new REMIT platform for current REMIT data reporting service users will be provided individually.

About GET Baltic

Conducting its operations since 2012, GET Baltic is a licensed natural gas market operator with a status of Registered Reporting Mechanism provided by the ACER. The Company administrates the electronic trading system for trading spot and forward natural gas products with physical delivery in the market areas located in Lithuania, Latvia, and Estonia. Moreover, GET Baltic regularly extends the functionality of its electronic trading system and develops other services provided by the Company. By providing high quality services, the Company is seeking to contribute to increase in liquidity, competitiveness, and transparency of the wholesale gas market of the Baltic States.

www.getbaltic.com

More information:

Roberta Jonauskaitė
Project Manager
Mobile: +370 655 20835
roberta.jonauskaite@getbaltic.com