Date: 7 months ago   Category: Energy

Gazprom will begin on September 17 the auction of gas on own electronic platform — Rambler News Service


The Gazprom export company, subsidiary of Gazprom, will begin on September 17, 2018 the auction on the electronic trading platform for sale of gas to Europe in addition to the existing contracts, is reported on the website of the company. The company has planned three trading sessions with delivery in points of Germany, Austria and Slovakia: from September 17 to October 30, from September 17 to November 29 and from September 17 to December 28, 2018. Within the first trading session contracts for delivery of gas within October, 2018 in points of delivery Gaspool VP and NetConnect Germany in Germany are offered buyers. Within the second session contracts for delivery of gas within November, 2018 in points of Baumgarten (or alternative VTP Austria and Arnoldstein) and Oberkappel (Austria), Waidhaus (Germany) and VTP Slovakia (Slovakia) will be available. Within the third session contracts with delivery within December, 2018 in points similar to points of the second session are offered. The total volume of contracts on three sessions can be 1,03 billion cubic meters. In the middle of August it became known that the Gazprom export company has started an electronic trading platform for sale of gas to Europe. As the company explained, this tool will allow to improve interaction with buyers in Europe.

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