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Spanish MIBGAS natural gas liquidity in June up 52% on year, slightly down on month

London — Natural gas liquidity on Spain's MIBGAS exchange in June reached 2.817 TWh, up 52% year on year, MIBGAS data showed Wednesday.

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Liquidity in June was split between intra-day transactions at 29.9% of the total volume, with day-ahead+1 at 26.5%, day-ahead+2/+5 at 14.8%, weekend at 9.7%, balance of the month at 1.3%, and front-month contracts accounting for 17.7%.

Total MIBGAS liquidity dropped 3.2% from May's volume of 2.817 TWh. Also, June's traded volume accounted for 9.4% of total demand in the region, down from May's 9.9% but up from 7.6% a year ago.

A total of 95 agents were registered on MIBGAS at the end of June, up from the 93 from the end of April and from 71 agents reported a year ago.

-- Kira Savcenko,

-- Edited by Daniel Lalor,