Everything about Title Transfer Facility totally explained
The Title Transfer Facility, more commonly known as TTF, is a
Virtual trading point for
natural gas in the Netherlands. Set up by
Gasunie in 2003, it's almost identical to the
National Balancing Point (NBP) in the United Kingdom and allows gas to be traded within the Dutch network. The TTF is operated by an independent subsidiary of Gasunie, Gas Transport Services B.V.
(External Link
) Physical short-term gas trading is handled by APX Gas NL B.V.
(External Link)(External Link) and gas futures contracts are traded through Endex N.V.
(External Link)(External Link)
Gas at TTF usually trades in
euros per
megawatt hour.
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