The ARGUS Germany VTP (Trading Hub Europe) price assessments
Argus produces prompt and forward gas price assessments for Germany’s new virtual trading point (VTP) operated by Trading Hub Europe (THE). This market launched on 1 October 2021, and is the result of the merger between Germany’s former gas market areas Gaspool and NCG.
Argus launched price assessments prior to the merger to provide additional transparency and to ease the transition for market participants trading at the new hub.
Learn more about the German gas market merger with our useful FAQ.
Download it here
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 an early view on the Germany VTP (Trading Hub Europe) helped stakeholders of all kinds to prepare for the market merger. Argus’ Germany VTP (THE) price series began on 15 July 2020.
As part of the 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.
Price details
Germany VTP forward prices extend up to the fourth calendar year forward, as far as the former NCG and Gaspool curves.
After extensive consultation with the market, Argus will continue to publish NCG and Gaspool prices up to and including 30 December 2021. NCG and Gaspool assessments will be equivalent to the corresponding Argus Germany VTP (Trading Hub Europe) assessments from 1st October until their discontinuation.
Contracts quoted
Argus publishes day-ahead, weekend, month, quarter, season and calendar year prices.
Prices and contracts quoted
Access a wealth of independent price assessments, including prompt and forward prices for all European markets with this service.
All assessments are based on the best bid and best offer available at end of day, timestamp 4:30pm.
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.
Related prices
Other key European natural gas prices include the Argus TTF, Argus NBP and Argus Austria VTP.
See a full list of our European natural gas prices.
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