CEGH definition

CEGH means Central European Gas Hub AG or any successor as operator of the Austrian VTP;
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CEGH means the operator of the Virtual Trading Point Austria;
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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 (xxxxx://xxx.xx/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.
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Examples of CEGH in a sentence

  • In addition, it could contribute to greater importance of the German gas market in the EU: this could mean more gas trade on German hubs, more gas transit via Germany to other parts of the EU including the Austrian CEGH hub, and the development of German gas infrastructure (storage facilities, pipelines) needed for connecting the NS2 project to German and EU gas networks.


More Definitions of CEGH

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. xxxx://xxx.xxxx.xx/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
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