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Central European Gas Hub Sets a New Record in Gas Trading
Trading volume of the Austrian gas hub rose to 40 billion cubic metres in 2011. This is an increase by 15% compared to the previous year.
Central European Gas Hub Sets a New Record in Gas Trading / Picture: © Vindobona.org
In 2011, exactly 38.9 billion cubic metres of natural gas were traded on the CEGH OTC (over-the-counter) trading platform, run by Central European Gas Hub AG (CEGH). This means an increase by 15%, compared to the record of 33.8 billion cubic metres that was set in 2010. This new trading record on the Austrian gas market equals the four- to fivefold annual consumption of natural gas in…
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