ENTSOG South-North Corridor GRIP 2017 - Main Report

3.4.1.5 Highlights from the year 2013 to 2015 \\ Belgium:

the Zeebrugge traded volumes remained stable, with the ZTP hub showing a steady increase \\ Germany: the NCG traded volumes increased by 16% and the GASPOOL traded volumes increased by 18% \\ France: the sum of the PEG Nord and TRS traded volumes increased by 20% \\ Italy: the PSV traded volumes and the related number of transactions increased by 16% Considering the overall evolution of traded gas volumes, the European gas hubs have increased rapidly since their creation in 2000. Market and regulatory improve- ments such as the early implementation of Network Codes have kept traded volumes growing. Traded volumes keep on growing, although at a slower rate since 2013. Around 500bcm are traded each year in the gas hubs from the South-North Corridor, representing almost a triple of gas demand. These hubs are nevertheless far smaller than the reference hubs TTF (around 1,700bcm) and NBP (around 1,000bcm).

600 bcm

Traded volumes

500

400

300

200

100

0

2007

2008

2009

2010

2011

2012

2013

2014

2015

PSV

PEG

GASPOOL

NCG

ZEE

Figure 3.31: Evolution of traded volumes in the main European gas hubs in the South-North Corridor (Source: IHS Energy European gas hub tracker)

South-North Corridor GRIP 2017 |

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