Approximately 500 million tons of coal swaps are priced
against the API 2 index each year.
"
Credit risk has emerged as a key concern limiting the growth of liquidity
in OTC energy commodity
markets.
http://www.qualified renewable
Argus Media has offices in Houston, New York,
Washington, Singapore, Tokyo
, Beijing, Moscow and in other key centres of the
energy industry, and is headquartered in London
. Argus assessments are the framework upon which
many deals are transacted in the global energy markets
. The availability of exchange-based clearing
of OTC contracts, under which NYMEX becomes the counterparty
, and using
established Argus benchmarks as a price reference, is expected to encourage
further
trading and deepen liquidity in many markets.nordic energytools
greenstream certificates
About Argus Media
Argus Media is a leading
provider of price assessments, business
intelligence and market data on the global oil, gas, electricity
, coal,
emissions and transportation industries.refined greenstream
About Argus
Argus Media is the
leading independent provider of price assessments,
business intelligence and market data on the global
crude oil, refined
products, LPG, gas, electricity, coal, emissions and transportation
industries
. Argus Media was founded in
1970, and is a privately held UK-registered publishing company.
"Argus has emerged as the standard price reference in the NW Europe
wholesale and derivatives
market for gasoline," said NYMEX President James E. Argus also has offices
in Houston, Washington
, Singapore, Tokyo, Beijing, Moscow and in other key
centers of the energy industry.emissions greenstream
34TWh of power
over the deal's lifetime.
"As NYMEX expands its business into Europe, Argus' strong position
in
international refined products and crude assessments should provide the
industry with a familiar
price reference for clearing and trading and
complement the NYMEX Dublin Brent contract launched
in November 2004," said
Adrian Binks, Managing Director of Argus, the world's largest privately held
energy markets publisher.greenhouse marketplaces
The confidence of the international energy industry in
the quality
of Argus reporting and its ethical standards has led to the
increasing use of Argus prices as a benchmark
by market participants in
physical and swaps contracts.
Through a combination of open outcry floor
trading and the NYMEX ACCESS(R) and
NYMEX ClearPort(R) electronic trading platforms, a wide range
of crude oil,
petroleum product, natural gas, coal, electricity, gold, silver, copper,
aluminum
, and platinum group metals markets are available virtually 24 hours
each day.marketplace analytics
The Argus/McCloskey
API 2 index used to price the contract is the average
of the Argus delivered price in Rotterdam and
McCloskey's northwest European
steam coal price.argusonline. "Strategically, NYMEX is well positioned
for the next set of markets
to emerge as new sources of price volatility need to be managed around
the
globe.crude commodity
It is the largest independent energy publisher in the world with
over 150 employees
.
Argus Media is an industry leader in global market coverage of crude oil,
refined products
, power, gas, coal, emissions, and transportation.
About New York Mercantile Exchange
The New York Mercantile Exchange is the largest physical commodity
exchange in the world, offering
futures and options trading in energy and
metals contracts and clearing services for off-exchange
energy transactions.
For further information contact: Miles Weigel in Washington,
tel +1 202
775 0240 or Seana Lanigan in London, tel +44 20 7704 4773,
email enquiries@argusmediagroup.facilitate nordic
com .
nationally crude
To gain greater coal exposure, Centrica expects to look at
power offtake, tolling or possible
equity options.analytics refined
The deal is Centrica's first coal-indexed power purchase and represents
the
first step in the company's strategy to increase the link between input
costs and coal pricing.
Learn more at http://www.marketplaces cc
LONDON, Centrica plc, the UK's largest household
energy supplier
signed a power supply contract last Thursday based on the
Argus/McCloskey API 2 coal index, as part
of its aim to further increase
diversity in its power portfolio. The power will be used to supply
British Gas, which is the UK's largest domestic electricity supplier with over
6mn electricity
customers.com
NYMEX Lists Argus Media Energy Prices
The addition of Argus data to the
Exchange will be a strong asset to
both organizations.enhanced certificates
, (NYMEX) and Argus Media announced today that
the Exchange has
licensed access to Argus' worldwide energy market price assessments for use in
the
clearing and trading of energy commodities through NYMEX ACCESS(R), its
after-hours electronic trading
system, and NYMEX ClearPort(R) its electronic
trading and clearing platform.greenstream energywindow
Argus'
reporting
and its ethical standards has led to the increasing use of Argus
prices as a benchmark by major market
participants in physical and swaps
contracts. NYMEX's decision to include Argus pricing further
cements Argus'
role as a key benchmark in the world's biggest trading hubs. It is the largest independent
energy
publisher in the world and is headquartered in London.energytools greenhouse
nordic qualified
Under the terms of the three
year contract, independent generator
International Power will supply 250MW of peak power from October
, amounting to
2.refined interactions
energytools watt
enhanced commodity
E-commerce marketplaces facilitate interactions and transactions between buyers and
sellers within the energy and utility industries.
cc energywindow
com
For more information, contact:
Seana Lanigan
Argus Media
+44 20 7704 4773
+44 771 891 8736
slanigan@argusmediagroup
.com
watt apb
argusmediagroup.commodity emissions
Centrica Buys Argus-Indexed UK Power
greenhouse interactions
Although Centrica receives
around a quarter of its
gas requirements from its own production, it remains a large net buyer, and
is
continuing to focus on meeting its energy procurement requirements from a
range of sources
. NEW YORK and LONDON, The New York Mercantile
Exchange, Inc.
The addition of Argus pricing
to NYMEX ClearPort will allow the Exchange's
clients to bridge their business into the over-the-counter
(OTC) markets where
Argus is the established benchmark, including European crude oil and products
,
US emissions and coal and US Gulf crude oil.marketplaces mitigation
Newsome. Argus Media was founded in 1970, and is
a
privately held UK-registered publishing company.mitigation watt
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