About Nord Pool Gas

The gas exchange Nord Pool Gas AS organizes physical trade of natural gas. The products offered are day contracts and a following-month contract. Nord Pool Gas AS is owned by Energinet.dk and Nord Pool Spot with a share of 50 % each.

Nord Pool Gas provides a market place to producers, distributors, industrial companies, energy companies, trading representatives and large consumers on which they can buy or sell natural gas on a short term basis. Nord Pool Gas is the central counterparty in all trades guaranteeing settlement for trade and anonymity for the participants.

Trading at Nord Pool Gas is based on continuous trading and is performed electronically though the internet. 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 development and a dynamic gas market.

Nord Pool Gas aims at creating a reference price that can be used for financial products such as; futures, forwards and options contracts. The reference price of Nord Pool Gas can also be used as the reference price for the Nordic OTC/bilateral wholesale market as well as a reference for prices given by distributors to the end consumers as well.

Nord Pool Gas wishes to promote further competition and create a trustworthy and price transparent market place.