Services for spot markets

Zeebrugge Hub

Fluxys Belgium expands service offering

As operator of both Physical Trading Services in Zeebrugge and the ZTP Notional Trading Services, Fluxys Belgium provides a package of services for companies that trade volumes of gas.

As a bilateral gas trading point, Physical trading in the Zeebrugge area is an important liquid market on the continent. The difference in the natural gas prices at the Physical Trading Services in Zeebrugge and NBP in the UK determines the direction of natural gas flows through the Interconnector pipeline, which connects the two markets.

Belgian gas trading points remain successful

In 2016, the traded volumes on the Zeebrugge Trading Point (ZTP) were up more than 50%. To bolster the rise in liquidity at ZTP, so-called 'market maker agreements' were concluded, through which hub customers commit to trading a minimum volume of gas.

There was a slight fall of 4% in traded volume on Zeebrugge Beach. Probably a result of the lower quantities of LNG delivered.

Overall, the total traded volumes on the Belgian gas trading point increased again year-on-year, rising from 936 to 967 TWh.

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