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VNG’s storage capacity successfully traded on store-x

03-26-2009 08:31 PM CET | Energy & Environment

Press release from: store-x Storage Capacity Exchange GmbH

Leipzig, 26 March 2009. The three Buy-it-Now entries, which were placed on the trading platform store-x by VNG – Verbundnetz Gas AG yesterday have been successful. After only one day the offered storage capacities at VNG’s storage site Buchholz (Germany) were already sold. The three storage packages with a working gas volume of 5 million m³ each as well as a firm injection rate of 1,450 m³/h and a firm withdrawal rate of 2,250 m³/h had been offered on store-x for EUR 385,485 each.

store-x Storage Capacity Exchange GmbH was established in order to create a transparent and non-discriminatory trading platform for trading secondary storage capacity. It has operated a trading platform for natural gas storage capacity in Europe since February 2006. Currently, more than 620 traders from 18 countries are registered on store-x and can trade European secondary capacity rights of the following storage operators: Verbundnetz Gas AG, RWE Gas Storage GmbH, RWE AG, E.ON Gas Storage GmbH, E.ON Avacon AG, E.ON Thüringer Energie AG, E.ON Hanse AG, ENBW Gas GmbH, RWE Energy, EWE AG, Bayerngas GmbH, Wingas GmbH, ZMB GmbH, NUON Energy Trade & Wholesale, Storengy Deutschland GmbH and BEB Speicher GmbH.

store-x Storage Capacity Exchange GmbH
Katja Beckert
phone: +49 341 4 43 - 9 17 01 33
fax: +49 341 4 43 - 23 76
email: katja.beckert@store-x.net
web: www.store-x.net

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Leipzig, 25 March 2009. VNG – Verbundnetz Gas AG is offering storage capacities at the German storage site Buchholz on www.store-x.net, the European trading platform for secondary storage capacity. Altogether, three Buy-it-Now entries with a working gas volume of 5 million m³ each as well as a firm injection rate of 1,450 m³/h and a firm withdrawal rate of 2,250 m³/h are available on store-x. The capacities can be

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