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03 Dec 2012 | 07:46 UTC
Platts will, with immediate effect, move the delivery basis for month-ahead Austrian spot gas price assessments to the Austrian Virtual Trading Point (VTP). This is in response to hub operator CEGH's decision to include the Baumgarten delivery point in a wider Austrian Virtual Trading Point from January 2013. During December the Platts Austrian day-ahead price will continue to reflect Baumgarten delivery, and the month-ahead price for January 2013 delivery at the Austrian VTP. From January, both day-ahead and month-ahead price assessments will reflect VTP delivery. Please email comments to power@platts.com with a copy to pricegroup@platts.com.