CEGH definition

CEGH means Central European Gas Hub AG or any successor as operator of the Austrian VTP;
View Source
CEGH means the operator of the Virtual Trading Point Austria;
View Source
CEGH. The daily “Settlement Price” published on the day MFGT receives the Borrower’s request for the conclusion of the Gas Loan contract, in the "CEGH AT VTP Front Month Single Day Select” section for the month following the base month, rounded to 3 decimal digits in EUR/MWh. If on the on the day MFGT receives the Borrower’s request for the conclusion of the Gas Loan contract, no daily “Settlement Price” is published in the "CEGH AT VTP Front Month Single Day Select” section for the month following the base month, the last daily “Settlement Price” published in the "CEGH AT VTP Front Month Single Day Select" section for the month following the base month. ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇/gas-futures-market Contract Volume: Energy quantity in kWh, requested and booked pursuant to the Contract on Establishing the Right of Using Gas Loan Risk Premium: 48% Product Fee: 0.618 HUF/kWh Exchange Rate: MNB HUF/EURO exchange rate applicable on the day of issuing the invoice
View Source

Examples of CEGH in a sentence

  • In as far as the daily “Settlement Price” published in the "CEGH AT VTP Front Month Single Day Select” section for the month following the base month as specified in Section XIV.1 decreases by at least 20% under the duration of the contract, parties shall jointly review the extent of the collateral provided by the Borrower.

  • Any Default Quantity arising from a failure by a Party to Schedule to CEGH in the relevant hour shall give rise to a Seller's Default or Buyer's Default, as applicable, for the purposes of § 8 (Remedies for Failure to Deliver or Accept the Contract Quantity).

  • In the absence of such agreement both Parties must Schedule to CEGH before the end of the first full hour after the hour in which the Austrian VTP Transaction is entered into or amended.

  • MIC Code NDEX Clearing Venue ICEU Description Contracts are for physical delivery through the transfer of rights in respect of natural gas at the virtual trading point – CEGH (VTP) in the market region Control Area East pursuant to the Natural Gas Act 2011, operated by the Central European Gas Hub AG (CEGH).

  • In the event that the daily “Settlement Price” published in the "CEGH AT VTP Front Month Single Day Select” section for the month following the reference month is less than 18€/MWh, the bank guarantee shall be calculated according to the following: 150% of 18€/MWh multiplied by the energy quantity used, in MWh. Borrower shall provide the bank guarantee in EURO currency.


More Definitions of CEGH

CEGH. Settlement Price” published on the day of confirming the specific transaction request in the CEGH AT VTP “First Front Month" section for the following month, rounded to 3 decimal digits in EUR/MWh. Volume fees (HUF/MWh) shall always be converted into euros using the average exchange rate of MNB (Central Bank of Hungary) applicable at the date of confirming the specific transaction request (▇▇▇▇▇://▇▇▇.▇▇/arfolyamok). After the service fee as set out in Section VII and the pro forma invoice on the volume fees have been paid, the block on injected gas offered as payment guarantee shall be released.
View Source