The ARGUS Germany VTP (Trading Hub Europe) price assessments
Argus produces forward gas price assessments for Germany’s new virtual trading point (VTP) operated by Trading Hub Europe. This market is currently scheduled to launch on 1 October 2021 and by no later than 1 April 2022.
This will be the result of the merger between Germany’s existing market areas, Gaspool and NCG.
Argus has launched price assessments prior to the merger to provide additional transparency and to ease the transition for market participants trading at the new hub.
Benefits of the ARGUS Germany VTP (Trading Hub Europe) price assessments
We publish prices daily. Assessments are based on a robust methodology, and are known and trusted by market participants along the value chain. Taking on an early view on the Germany VTP (Trading Hub Europe) will enable stakeholders of all kinds to prepare for the market merger.
As part of Argus’ European Natural Gas service, the Germany VTP price assessments are accompanied by a wide range of other assessments, as well as extensive news coverage and expert market commentary.
Germany VTP prices are published for periods after the scheduled merger date, meaning the most proximate Germany VTP assessment is for the fourth quarter of 2021. Argus will continue to publish NCG and Gaspool prices, and will consult the market on any future changes to these prices.
Argus publishes season and quarter prices delivering from the fourth quarter of 2021. As the market merger approaches, Argus will begin to publish month contracts. After the merger, balance-of-month, weekend and day-ahead contracts will be also be assessed.
Germany VTP forward curves extend as far as existing Gaspool and NCG forward curves.
How to access ARGUS Germany VTP (Trading Hub Europe) price assessments
Published as part of the Argus European Natural Gas service, you can access Argus Germany VTP price assessments on the Argus Direct interactive platform, have the price delivered via a datafeed or Argus Direct for Spreadsheets, receive it via one of our third-party partners or get it direct to your inbox within the daily report.
Argus European Natural Gas provides you with a comprehensive and independent view of the markets, with latest news, detailed analysis, price assessments and extensive associated pricing and fundamentals data. The insight from our cross-commodity analysis helps bring valuable context to prices and ensures users understand price and market movements.