Fluxys Belgium to merge gas trading services: a single Belgian reference price from October

Joint press release Fluxys Belgium-CREG

The question of which price index to choose for a natural gas contract is set to get simpler. From 1 October 2023, a single index, ZTP, will be used for the Belgian reference price. The ZTP index was on average 14% lower than the Dutch TTF index in 2022 thanks to the Belgian grid's good connections to all sources for the Northwest European market.