ANONYMOUS SEGMENTS ON BALKAN GAS HUB EAD PLATFORM REACHED RECORD QUANTITIES AND LOWEST WEIGHTED AVERAGE PRICE BY VOLUME
We would like to inform you that today at approximately 12:00 pm at the anonymous segments of the trading platform transactions for record quantities were concluded and the lowest weighted average price by volume was achieved. The platform remains open for transactions by the end of the day, which could potentially lead to even higher tradeable volumes.
Currently, 23,100 MWh (more than 2 mcm) of the anonymous long-term segment were traded for a week product for the next week (as of gas day 17 Feb. 2020 to gas day 23 Feb. 2020 inclusive) and 1,000 MWh for a day-ahead product for 15 Feb. 2020
The current weighted average price by volume for the week product is 36.05 BGN/MWh/d, and 36.10 BGN/MWh/d for a day-ahead product.
The prices achieved are about 18% lower than the regulated price approved by EWRC, considering that they also include access and transport costs to a virtual trading point.
Balkan Gas Hub EAD Team