Report of Trade on Natural Gas Exchange for the First Quarter of 2015 Has Been Announced
Natural gas market operator UAB GET Baltic in order to inform all the natural gas market participants and other interested parties about trading on the natural gas Exchange has announced Report of Trade on Natural Gas Exchange of the first quarter of 2015. The trade turnover of the first quarter of 2015 was 469.30 GWh of natural gas, with a value of around 12.33 million EUR, which is 444.43 GWh more than in the first quarter of 2014. The average price during the first quarter of 2015 was 26.29 EUR/MWh, compared to the higher average price of 2014 31.85 EUR/MWh, increased by 21.15%.
The average price in January was 27.03 EUR/MWh, in February was 24.74 EUR/MWh and in March was 22.01 EUR/MWh. The highest price for a fulfilled deal was 28.90 EUR/MWh, executed on 8th of January and the lowest price of a fulfilled deal was 17.99 EUR/MWh, executed on the 29th of March. The difference between the highest and the lowest price of fulfilled deals in the first quarter of 2015 was 10.91 EUR. In the first quarter of 2015, there were in total 911 deals carried out on the Exchange. The lowest volume of a fulfilled deal was 1 MWh and the highest volume of a fulfilled deal was 7,003 MWh in February. The average volume of fulfilled deals comparing first quarter of 2014 and first quarter of 2015 decreased by 195.44 MWh (27.50%) from 710.59 MWh in 2014 to 515.15 MWh in 2015.
The total volume of submitted commissions for buying grew by more than 7.5 times from 80,354 MWh in the first quarter of 2014 to 608,235 MWh during the same period in 2015. Meanwhile the total volume of submitted commission for selling increased more than 3.5 times from 334,931 MWh in the first quarter of 2014 versus 1,198,618 MWh in the first quarter of 2015.
It is likely that the increase in the numbers were influenced by the growth of number of participants, as in the first quarter of 2014 there were 27 registered participants, while in the first quarter of 2015 there were 48 of them. As well, it is noticeable that for every natural gas day of the first quarter of 2015 there were concluded deals to buy or to sell. All the mentioned trading figures indicate that the Exchange has become an important tool for participants’ businesses activities.
More detailed information is on the Report of Trade on Natural Gas Exchange of the first quarter of 2015.
The Report of Trade on Natural Gas Exchange of the first quarter of 2015 has been announced on the web page www.getbaltic.com.