October 17, 2007
GSE (Gas Storage Europe) reaffirmed today during the XII Madrid Forum its commitment to greater transparency of relevant storage information expanding the existing Gas Inventory Scheme to now include aggregating gas-in-store levels in members’ storage facilities by hub locations. The update in the GSE Transparency Platform is effective as of early October 2007.
GSE is therefore pleased to publish each Thursday at http://transparency.gie.eu.com
HUB | COUNTRY |
NBP & ZEE | UK and Belgium |
TTF | The Netherlands and Denmark |
PEG | Northern, Central France |
PSV | Italy |
Germany | Germany |
Baumgarten | Austria, Czech Republic, Hungary & Slovakia |
Iberian | Southern France & Spain |
On the day of the update of the inventory scheme, Klaus-Dieter Barbknecht, GSE President, said: “The recently announced Third Energy Package reiterates the importance of infrastructure operators providing reliable and timely information. The publication of gas inventory levels releases additional relevant information to all market participants, thereby enhancing transparency that will better serve a well functioning gas market – a key goal of the Energy Package. GSE will continue to engage stakeholders and its members to explore ways of providing more relevant information to the market.”