October Insights

PRISMA is happy to introduce Elengy as a new operator on the platform! The first auctions were successfully held on the 12th of October.
The French company is a key player in the European gas market. A renowned LNG capacity provider, Elengy operates three regulated LNG terminals in France: Montoir-de-Bretagne on the Atlantic coast, Fos Cavaou and Fos Tonkin in the Mediterranean.

As LNG gateways to Europe, the three sites offer the market capacity services for 
(1) loading or unloading any type of LNG carrier, 
(2) transshipping between LNG carriers, 
(3) loading trucks with LNG and/or 
(4) regasifying LNG for injection into the transport network.

 We are excited to announce that we have implemented substantial improvements to our REMIT Reporting Premium Service.
Streamlined Settings: Admin users can manage their company’s REMIT settings with greater convenience by clicking on the Gear Icon > Company Settings > Premium Services section

External Trades: The "Enter External Trade" button has been relocated to the REMIT Report section under Reporting > Secondary Tradings, ensuring a more intuitive experience.

Enhanced Price Information: All users of a shipper company that subscribes to our REMIT service have the flexibility to input a "Price Formula" or a "Fixing Index" in the price information of external trades which will increase the granularity and accuracy of reports.

We are pleased to announce the results of the third tendering round on AggregateEU. 
The total aggregated demand approached 16.49 billion cubic meters! Reliable international suppliers have submitted a total gas volume of 18.1 billion cubic meters in response to the aggregated demand, out of which 11.86 bcm have been successfully matched.

Once again, we’d like to remind you that the process of contract negotiation and conclusion must be independently handled outside of AggregateEU with no involvement from the European Commission or PRISMA.

As you might know, the clocks will go back an hour at the end of October. This also means some changes in our auction schedule.

On 27.10.2023, the length of the product runtime (28.10.2023 06:00 CEST – 29.10.2023 06.00 CET) of the first within-day auction for the next gas day starting at19:00 CEST will be an hour longer.

On 29.10.2023 the last within-day auction of the gas day will take place at 01.00 CESTfor the product runtime of 29.10.2023 04:00 CET – 29.10.2023 06.00 CET.

The runtime of the product marketed on 28.10.2023 at 22:00 CEST in a within-day auction will have the following runtime: 29.10.2023 02:00 CEST - 29.10.2023 06:00 CET.

The runtime of the product marketed on 28.10.2023 at 23:00 CEST in a within-day auction will have the following runtime: 29.10.2023 02:00 CET - 29.10.2023 06:00 CET.

In our previous newsletter, we mentioned our intention to say goodbye to the Report Wizard.

However, we've heard from some of you that this service is still required to extract some specific details.
So, we're going back to the drawing board to explore alternative ways to deliver the data you need through other reporting tools.

In the meantime, the Report Wizard will remain up and running just for you.

Thank you as always for your invaluable feedback.