LONDON, April 23 /PRNewswire/ -- Heren Energy is pleased to confirm the launch of a new spot gas weekend index within European Spot Gas Markets, as of Friday, 7th March, to add to its extensive portfolio of gas pricing benchmarks.
The new NBP Spot Weekend Index is a weighted average price of all the weekend deals reported by Heren Energy at the British gas hub on the final working day immediately preceding the delivery period. Please note that this differs from the existing Heren NBP Weekend Index, which is based on all the weekend deals reported throughout the week preceding the delivery period.
The new NBP Spot Weekend Index is therefore aimed at providing a market value for weekend gas on a nearer-to-delivery basis than the existing Heren NBP Weekend Index.
"As spot markets become increasingly volatile, we want to provide subscribers with an additional index for weekend delivered gas that more closely reflects value immediately before the start of delivery," said Editor of European Spot Gas Markets, Anusha de Silva.
To receive a complimentary trial of European Spot Gas Markets, or to request further information, please contact the sales department on: +44(0)20-8469-4700; or email: sales@heren.com
About Heren Energy
Heren Energy is a world-leading publisher of gas, power and carbon market information. A series of market reports provides news, analysis, benchmark price assessments and indices. These publications are complemented by far-reaching historical data packages, which collectively provide a comprehensive data solution to the energy sector's information requirements.
On Monday, 3rd March 2008, ICIS, the commodity market information business of Reed Business Information UK Ltd, announced its acquisition of Heren Energy. This purchase provides ICIS with the opportunity for greater geographic coverage of international energy markets, as well as additional sales points for Heren Energy products through the global network of ICIS offices. The acquisition also provides the opportunity to broaden the spread of markets currently covered by Heren Energy, on top of providing support for entry into new vertical energy markets.
For further information, please contact:
Anusha de Silva, Editor, European Spot Gas Markets, Tel: +44(0)20-8469-4716, Email: anusha.desilva@heren.com
Louise Boddy, Managing Editor, Tel: +44-(0)20-8469-470, Email: louise.boddy@heren.com
Andre Vanderputt, Marketing Manager Tel: +44-(0)20-8469-4893, Email: andre.vanderputt@heren.com
For further information, please contact: Anusha de Silva, Editor, European Spot Gas Markets, Tel: +44(0)20-8469-4716, Email: anusha.desilva@heren.com; Louise Boddy, Managing Editor, Tel: +44-(0)20-8469-470, Email: louise.boddy@heren.com; Andre Vanderputt, Marketing Manager Tel: +44-(0)20-8469-4893 Email: andre.vanderputt@heren.com
Comments