ENTSOG South-North Corridor GRIP 2017 - Main Report

\\ Market Integration, providing a flexible gas route along the major gas market places, which will even improve an already high degree of price convergence of the interconnected gas hubs (Figure 5.2 shows that the major EU gas hubs, e.g. the ones providing reliable market signals, are stretching along the Region with a clear price convergence setting).

IS

Import prices declared at the border Hub hedging prices Indigenous production

21.3

FI

25.6

27.2

SE

EE

24.8

21.2

22.2

27.9

LV

DK

21.5

IE

LT

UK NBP

21.9

23.4

NL TTF

PL

20.8

21.1

21.1

DE

NCG/ GPL

BE ZEE

21.3

22.3

21.5

CZ

LU

22.2

21.4 21.9

SK

22.3

21.7

23.4

FR PEG N TRS

VTP

AT

25.5 17.6

27.8 23.0

HU

23.4

22.9

22.8

RO

SI

HR

IT

PSV

23.7

25.8

21.9

PT

BG

ES

22.0

GR

Figure 5.2: EU Member States assessed gas suppliers’ sourcing prices – 2015 yearly average (map) €/MWh (Source: ACER Market Monitoring Report 2015 – GAS)

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South-North Corridor GRIP 2017

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