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Zeebrugge Hub
The Zeebrugge Hub is the natural gas physical trading point in Zeebrugge, Belgium. It is connected to the National Balancing Point (UK) via the Interconnector An interconnector (also known as a DC tie in the USA) is a structure which enables high voltage DC electricity to flow between electrical grids. An electrical interconnector allows electricity to flow between separate AC networks, or to link sy .... References See also Glossary of terms used in the trading of oil and gas,utilities and mining commodities Natural gas trading hubs Natural gas in Belgium Zeebrugge {{energy-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Physical Trading Point
Physical may refer to: *Physical examination In a physical examination, medical examination, or clinical examination, a medical practitioner examines a patient for any possible medical signs or symptoms of a medical condition. It generally consists of a series of questions about the patien ..., a regular overall check-up with a doctor * ''Physical'' (Olivia Newton-John album), 1981 ** "Physical" (Olivia Newton-John song) * ''Physical'' (Gabe Gurnsey album) * "Physical" (Alcazar song) (2004) * "Physical" (Enrique Iglesias song) (2014) * "Physical" (Dua Lipa song) (2020) *"Physical (You're So)", a 1980 song by Adam & the Ants, the B side to " Dog Eat Dog" * ''Physical'' (TV series), an American television series See also {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zeebrugge
Zeebrugge (, from: ''Brugge aan zee'' meaning "Bruges at Sea", french: Zeebruges) is a village on the coast of Belgium and a subdivision of Bruges, for which it is the modern port. Zeebrugge serves as both the international port of Bruges-Zeebrugge and a seafront resort with hotels, cafés, a marina and a beach. Location Zeebrugge is located on the coast of the North Sea. Its central location on the Belgian coast, short distance to Great Britain and close vicinity to densely populated industrialised cities make it a crossroads for traffic from all directions. An expressway to Bruges connects Zeebrugge to the European motorway system; one can also get to and from Zeebrugge by train or tram. A 12 km canal links the port to the centre of Bruges. It is Belgium's most important fishing port and the wholesale fish market located there is one of the largest in Europe. Aside from being a passenger terminal with ferries to the United Kingdom, the harbour serves as the central po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Balancing Point (UK)
The National Balancing Point, commonly referred to as the NBP, is a virtual trading location for the sale and purchase and exchange of UK natural gas. It is the pricing and delivery point for the ICE Futures Europe (IntercontinentalExchange) natural gas futures contract. It is the 2nd most liquid gas trading point in Europe and is a major influence on the price that domestic consumers pay for their gas at home . Gas at the NBP trades in pence per therm. It is similar in concept to the Henry Hub in the United States – but differs in that it is not an actual physical location. Balance Unlike continental European trading hubs such as Zeebrugge and TTF, trades made at the NBP are not required to be balanced, and there is no fixed penalty for being out of balance. Instead, shippers out of balance at the end of the day are automatically balanced through the 'cash-out' procedure whereby the shipper is automatically made to buy or sell the required quantity of gas to balance their po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interconnector (North Sea)
The Interconnector is a natural gas pipeline between the United Kingdom and continental Europe. It crosses the North Sea between Bacton Gas Terminal in England and Zeebrugge in Belgium. Construction of the pipeline was completed in 1998. It provides bi-directional transport capability to facilitate energy trading in both the UK and continental European gas markets. Gas export from the UK is termed "forward flow" and gas import to the UK is termed "reverse flow". The UK export capacity of the Interconnector is 25.5 billion cubic metres per year. Economic impact The pipeline provides not only the physical capability to move gas from one end of the pipe to the other, it has been a key factor in the liberation of energy markets across Europe - enabling energy trading and creating economic activity in the process. Such trading can result in future production being bought and sold because of the possibility of the use of the Interconnector. Shareholders Interconnector is owned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas Trading Hubs
Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word φύσις by pre-Soc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Natural Gas In Belgium
Nature, in the broadest sense, is the physics, physical world or universe. "Nature" can refer to the phenomenon, phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are part of nature, human activity is often understood as a separate category from other natural phenomena. The word ''nature'' is borrowed from the Old French ''nature'' and is derived from the Latin word ''natura'', or "essential qualities, innate disposition", and in ancient times, literally meant "birth". In ancient philosophy, ''natura'' is mostly used as the Latin translation of the Greek word ''physis'' (φύσις), which originally related to the intrinsic characteristics of plants, animals, and other features of the world to develop of their own accord. The concept of nature as a whole, the physical universe, is one of several expansions of the original notion; it began with certain core applications of the word ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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