Natural gas traded volumes in the Central European Gas Hub OTC market in June were 1.9% higher year on year at 31.54 TWh, which was down 11% month on month, the company said Thursday.
Total exchange traded volume on the CEGH Gas Exchange Austria and CEGH Czech Gas Exchange also rose, gaining 3.7% year on year to 2.41 TWh, which was up 14.2% on May.
The highest percentage gains were posted by the CEGH futures market, which reached its highest ever monthly level at 0.62 TWh in June, up from 0.15 TWh in June 2015.
Total volume on CEGH Gas Exchange Austria rose 35% year on year to 2.41 TWh. The exchange saw traded volumes split between spot and futures at 1.79 TWh and 0.62 TWh, respectively.
Conversely, the Czech CEGH Gas Exchange fell 58% year on year, and saw a total of 0.03 TWh traded on the futures market and 0.072 TWh on the spot market last month.
Liquidity was expected to increase further following an agreement on June 16 between the CEGH and Powernext, the regulated market owned by EEX group, to jointly develop the Austrian as well as the Central and Eastern European (CEE) gas markets. The move will see the Austrian CEGH gas exchange contracts offered via the PEGAS platform.
Registered CEGH members including virtual traders and exchanges using the CEGH hub rose to 190 last month, after falling to 187 in May.
