A virtual trading point is a non-physical hub for trading in

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 ...

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) 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) natur ...

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. ...

(Netherlands) *

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 enable ...

(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 Central European Gas Hub AG (CEGH, formerly known as Gas Hub Baumgarten) is a natural gas company based in Vienna, Austria. It was founded in 2005 as a subsidiary of OMV Gas & Power GmbH. In December 2009, CEGH, together with Wiener Börse AG, ...

(Austria)

References

{{SIA Natural gas

Examples

See also

References