Gas Connect Austria joins new European transportation capacity platform

Gas Connect Austria and Austrian transmission system operators (TSOs) BOG GmbH and TAG Gmbh, as well as 16 other TSOs from seven countries, have established a new European online platform to auction natural gas transportation capacity. The initiative represents a major step towards the integrated European gas market envisaged by the third energy package. The agreement was signed in Leipzig on 4 December. The new trading platform, to be registered as PRISMA European Capacity Platform GmbH with effect from 1 January 2013, is scheduled to go live on 1 April 2013.

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