Ownership
Nord Pool Gas was established by Energinet.dk and Nord Pool Spot in December 2007.
Collectively the owners process profound knowledge within exchange traded energy markets and gas infrastructure.
Glossary
If you click a highlighted word in the text, you will see the explanation in this box.
Company description
The gas exchange Nord Pool Gas organizes physical trade of natural gas.
Nord Pool Gas is owned by Energinet.dk and Nord Pool Spot with a share of 50 % each.
The products offered are Day contracts, Withinday contracts, Weekend contracts, Swap contracts, Balance of Month Contracts and a following-month contract.
Nord Pool Gas provides a market place to producers, retailers, energy companies, trading representatives and large consumers on which they can buy or sell natural gas completely anonymous and with no credit risk. Nord Pool Gas use Nord Pool Spot as clearing house which act as the central counterparty in all trades guaranteeing daily settlement.
Trading at Nord Pool Gas is based on continuous trading and is performed electronically through an internet based trading system. This enables the market players the opportunity to monitor the market development, place their own bids and orders and receive the latest market information in real time – hence contributing to the continuous development and a dynamic gas market.