ICIS is implementing a process of rolling consultation on all of its pricing methodologies. This consultation paper is part of this formal process and covers all of the ICIS primary price points included in the European Spot Gas Markets (ESGM) publication.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific European Spot Gas Markets (ESGM) market issues.
Click here to view the ESGM Methodology Consultation July 2024
Summary
ICIS did not receive any response to the questions asked in the consultation, including the proposal to discontinue the publication of the secondary data referring to Beach Terminal Capacity Prices.
Decision
As of 9 September 2024, ICIS will discontinue the publication of the secondary data referring to Beach Terminal Capacity Prices. These are secondary market prices for British entry capacity at the most active beach terminals for the following working day.
The ESGM methodology document will be updated ahead of these changes taking effect. Should you have any questions please contact ESGM Editor Alice Casagni at alice.casagni@icis.com.
