Why the development of gas hubs

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Why the development of gas hubs?

• Liquid hubs enhance downstream competition
• Liquid hubs will strengthen security of supply
• Priority in North West Gas Regional Energy Market
  (REM)
• Questionnaire gt study of problems on hubs

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Major obstacles on gas hubs

• Lack of access to primary and secondary capacity
  to and from hubs
• Lack of access to storage facilities
• Lack of liquidity
• Lack of buyers and sellers
• Gas balancing differences.

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Way forward

• Monitoring North West Gas REM
• User groups at the specific hubs to solve
  specific problems
• Hub meeting on June 27th 2007
• Discuss progress and first results in October
  2007
• Practical measures on the major obstacles to hubs
  to be taken in work streams
• Primary capacity,
• Secondary capacity,
• gas balancing,
• transparency and
• regulatory coordination

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Thank You

• More information on the
• North West Gas Regional Energy Market (REM)
• is available at www.ergeg.org
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