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Virtual Trading Point
A virtual trading point is a non-physical hub for trading in natural gas markets, for which "there is a virtual trading point (VTP) for each market area, representing all entry and exit points in that market area."Thorsten Koch, Benjamin Hiller, Marc E. Pfetsch, ''Evaluating Gas Network Capacities'', 2015, Page 51. Examples * National Balancing Point (UK) * Title Transfer Facility (Netherlands) * Zeebrugge Hub (Belgium) * PEG Nord (France) * PEG Sud (France) before April 1, 2015 * PEG TIGF (France) before April 1, 2015 * TRS (France) since April 1st, 2015 * MS-ATR (Spain) * Punto di Scambio Virtuale (Italy) * Gaspool (Germany) * NetConnect Germany (Germany) * Central European Gas Hub (Austria) See also * Henry Hub The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. Due to its importance ... (USA) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned for he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Balancing Point (UK)
The National Balancing Point, commonly referred to as the NBP, is a virtual trading location for the sale and purchase and exchange of UK natural gas. It is the pricing and delivery point for the ICE Futures Europe (IntercontinentalExchange) natural gas futures contract. It is the 2nd most liquid gas trading point in Europe and is a major influence on the price that domestic consumers pay for their gas at home . Gas at the NBP trades in pence per therm. It is similar in concept to the Henry Hub in the United States – but differs in that it is not an actual physical location. Balance Unlike continental European trading hubs such as Zeebrugge and TTF, trades made at the NBP are not required to be balanced, and there is no fixed penalty for being out of balance. Instead, shippers out of balance at the end of the day are automatically balanced through the 'cash-out' procedure whereby the shipper is automatically made to buy or sell the required quantity of gas to balance their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Title Transfer Facility
The Title Transfer Facility, more commonly known as TTF, is a virtual trading point for natural gas in the Netherlands. This trading point provides facility for a number of traders in Netherlands to trade futures, physical and exchange trades. Set up by Gasunie in 2003, it is almost identical to the National Balancing Point (NBP) in the United Kingdom and allows gas to be traded within the Dutch Gas network. The TTF is operated by an independent subsidiary of Gasunie, Gasunie Transport Services B.V., which is the Gas Transmission System Operator in the Netherlands. Wholesale gas trading at the TTF is predominantly conducted over-the-counter via interdealer brokers. Physical short-term gas and gas futures contracts are also traded and handled by the ICE-Endex Exchange (Amsterdam) and via the PEGAS exchange. Gas at TTF trades in euros per megawatt hour. In the two decades since its inception trades at the TTF have grown exponentially and exceeded domestic volumes in the Netherl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeebrugge Hub
The Zeebrugge Hub is the natural gas physical trading point in Zeebrugge, Belgium. It is connected to the National Balancing Point (UK) via the Interconnector An interconnector (also known as a DC tie in the USA) is a structure which enables high voltage DC electricity to flow between electrical grids. An electrical interconnector allows electricity to flow between separate AC networks, or to link sy .... References See also Glossary of terms used in the trading of oil and gas,utilities and mining commodities Natural gas trading hubs Natural gas in Belgium Zeebrugge {{energy-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PEG Nord (France)
The Gas exchange point - North (Point d'échange de gaz – Nord), commonly referred to as PEG Nord, is one of 3 virtual trading locations for the sale, purchase and exchange of natural gas and LNG in France. It is one of the pricing and delivery points for Powernext natural gas futures contracts. It is the sixth most liquid gas trading point in Europe. Gas at the PEG Nord is traded on the Powernext exchange. History PEG Nord is one of the 3 current Virtual trading point (or trading hubs) and balancing areas for Gas in France and was created in 2004 and rationalised in 2009. Ownership PEG Nord belongs to GDF Suez via its subsidiary GRTgaz. Interconnections PEG Nord is connected to: * PEG Sud (France) *Zeebrugge Hub * NetConnect Germany * Fluxswiss *Gassco Gassco is a Norwegian state owned company that operates of natural gas pipes transporting annually of 100 billion cubic meter (bcm) of natural gas from the Norwegian continental shelf to Continental Europe and Great Bri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PEG Sud (France)
The Gas exchange point - South (Point d'échange de gaz – Sud), commonly referred to as PEG Sud, was one of 3 virtual trading locations for the sale, purchase and exchange of natural gas and LNG in France. It was one of the pricing and delivery points for Powernext natural gas futures contracts. Gas at the PEG Nord is traded on the Powernext exchange. On April 1, 2015, it was merged with PEG TIGF (France) into the TRS ( Trading Region South). History PEG Sud was one of the 3 virtual trading points (VTPs or trading hubs) and balancing areas for gas in France and was created in 2004 and rationalised in 2009. It covered the southern half of France except the south west region which was covered by PEG TIGF. Ownership PEG Sud belonged to GDF Suez via its subsidiary GRTgaz. Interconnections PEG Sud was connected to: *PEG Nord (France) The Gas exchange point - North (Point d'échange de gaz – Nord), commonly referred to as PEG Nord, is one of 3 virtual trading locations for the sale, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PEG TIGF (France)
PEG or peg may refer to: Devices * Clothes peg, a fastener used to hang up clothes for drying * Tent peg, a spike driven into the ground for holding a tent to the ground * Tuning peg, used to hold a string in the pegbox of a stringed instrument * Piton, a metal spike that is driven into rock to aid climbing * PEG tube, a medical device, that is, a percutaneous endoscopic gastrostomy tube * Foot peg, a place to put one's foot on a vehicle such as a motorcycle Science and computing * Peg (unit), a measure used in preparing alcohol, from 1 to 2 fluid ounces * Pegasus (constellation), a constellation named after Pegasus * Percutaneous endoscopic gastrostomy, a medical procedure * Polyethylene glycol, a chemical polymer ** Macrogol, the name for polyethylene glycol in pharmaceutical contexts * Parsing expression grammar, a type of formal grammar used in mathematics and computer science * PCI Express Graphics adapter, an abbreviation commonly used in BIOS settings Recreation * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TRS (France)
TRS may refer to: Organizations * Telangana Rashtra Samithi, a political party in Telangana, India * ThalesRaytheonSystems, French-American aerospace and defense electronics company * The Right Stuff, a right-wing podcasting site and blog * Turtle Rock Studios, a video game developer * TRS (motorcycle), motorcycle producer Transportation * TRS, IATA code for Friuli Venezia Giulia Airport, near Trieste, Italy * TRS, ICAO code for AirTran Airways, in Orlando, Florida, US Finance and economics * Taxable REIT subsidiaries, real estate investment trusts * Teachers' Retirement System of the State of Illinois * Teacher Retirement System of Texas * Total return swap * Total revenue share * Technical rate of substitution, marginal rate of technical substitution in economics Technology * Telecommunications relay service, telephone service for the deaf * Ticketing and Reservation System, China Railways * Tip-Ring-Sleeve, a phone connector type * Timing Reference Signal in serial digital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punto Di Scambio Virtuale
Punto may refer to: In music: * Punto (Venezuela), a style of Venezuelan music * Punto guajiro, a style of music of the Cuban countryside and its guajiros * Punto music, a style of Panamanian music In automobiles: * Fiat Punto, supermini produced since 1993 * Fiat Grande Punto, third generation supermini produced from 2005 In people: * Giovanni Punto (1746-1803), eighteenth century horn virtuoso * Nick Punto (born 1977), American baseball player for the Boston Red Sox Unit *Punto, Spanish customary units There are a number of Spanish units of measurement of length or area that are virtually obsolete due to metrication. They include the vara, the cordel, the league and the labor. The units of area used to express the area of land are still encounte ... {{disambig, geo, surname Italian-language surnames Spanish-language surnames ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NetConnect Germany
The Internet in South Africa, one of the most technologically resourced countries on the African continent, is expanding. The Internet country code top-level domain (ccTLD) .za is managed and regulated by the .za Domain Name Authority (.ZADNA) and was granted to South Africa by the Internet Corporation for Assigned Names and Numbers (ICANN) in 1990. Over 60% of Internet traffic generated on the African continent originates from South Africa. As of 2020, 41.5 million people (70.00% of the total population) were Internet users. History The first South African IP address was granted to Rhodes University in 1988. On 12 November 1991, the first IP connection was made between Rhodes' computing centre and the home of Randy Bush in Portland, Oregon. By November 1991, South African universities were connected through UNINET to the Internet. Commercial Internet access for businesses and private use began in June 1992 with the registration of the firs.co.za subdomain The African Natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
