Platts launches German THE gas hub spot contracts Sept. 30, discontinues NCG, Gaspool spot

Platts has introduced spot natural gas assessments to its suite of European gas numbers on Sept. 30 in conjunction with the German hub merger on Oct. 1.

The German THE day-ahead and weekend (final working day only) assessments have replaced the existing equivalents for both the NetConnect Germany an GASPOOL hubs, which have now been discontinued.

The spot THE assessments are available on the European Power Alert Fixed Page EP0802 and the Natural Gas Alert Fixed Page NG0802, as well as including conversions from Eur/MWh to pence/therm, $/MMBtu, and Eur/Gj, from Sept. 30 onwards.

The NCG and GASPOOL legacy spot assessments were assessed for the final time on Sept. 29, as well as all conversions, flow data, trade data, and monthly average assessments associated with the day-ahead and weekend assessments.

Fixed Pages EP0824, NG0831, EP0826, and EP0832 were discontinued from Sept. 30 onwards as a result for the discontinuation of the NCG and GASPOOL assessments.

For the Monthly Averages, THE month-ahead monthly average assessments will be introduced to Fixed Pages EP0866 and EP0867, with the removal of the NCG and GASPOOL equivalents on Oct. 1.

THE assessment codes are as follows (in order of Eur/MWh, p/th, $/MMBtu, Eur/Gj):

Day-ahead GTHTD00 GTHVD00 GTHWD00 GTHUD00

Weekend GTHTW00 GTHVW00 GTHWW00 GTHUW00

Flow date GTHTD21 GTHVD21 GTHWD21 GTHUD21

Trade date MA GTHTD03 GTHVD03 GTHWD03 GTHUD03

Flow date MA GTHTD05 GTHVD05 GTHWD05 GTHUD05

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