Dear Trading Participants,
Following the acquisition of a majority stake in GET Baltic last year, EEX AG will continue with the integration of the Baltic-Finnish gas markets. Therefore, in the course of 2025, GET Baltic will cease to offer its current products for these markets, while EEX will extend its natural gas product portfolio with new offerings for Lithuania, Latvia, Estonia, and Finland.
In preparation for these changes, GET Baltic is adjusting available maturities for its monthly contracts. As a result, these products may only be traded for delivery until February 2025, inclusively.
The new products to be offered on the EEX platform will allow better integration with the pan-European gas markets, as well as enable wider hedging opportunities, such as Month Futures for the Baltic-Finnish gas markets for 12 months ahead, in addition to quarterly, seasonal and annual Futures up to six years. Location spreads between these markets will also be available.
These changes are currently expected to take place by the end of first quarter of 2025, subject to market readiness. Following the ingetration, market participants will have access to the entire European gas markets suite operated by EEX, as well as the state-of-the-art clearing services provided by European Commodity Clearing AG (ECC).
Further information on planned products, technical details, contract specifications and a cutover plan for spot trading will be communicated in due course. In order to obtain more details, we encourage you to attend the webinar series offered by GET Baltic and EEX. For the webinar schedule and to access recordings of past webinars please refer to our website: Baltic-Finnish Gas Markets
Please do not hesitate to contact EEX Gas Market Operations if you have any further questions.
Yours sincerely,
EEX Gas Market Operations (Paris)
T + 33 1 73 03 96 24
gas@powernext.com