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11 November 2020

Outstanding achievements: Route4Gas is live since 1st September 2020!

On 1st September 2020, Route4Gas hit one of the most critical milestones in its company history, the go-live. In the first two months, customers all over Europe achieved matching up to 61% per round in altogether 101 rounds with a total of over one million MWh submitted.

The system proved to be robust and issue-free, allowing the first matching between ČEZ, a.s., Prague, and MET International AG, Zug.

Day Ahead, Weekend, Existing Flow, Unused Capacity, Sleeving and Missing Link: all these Route4Gas products were submitted and matched by our clients. It was the Missing Link feature that attracted the most interest from market players. Alexey Mileev, CEO and founder of the company: “With the current mix of clients and the product as it is, we reached already high matching rates. With more companies joining very soon, imagine what we can achieve on top of this!”

The Dutch Start-up Route4Gas offers gas traders, portfolio managers and operation teams a unique software which matches physical positions AND trading day ahead swaps by finding circles, and not only counterflows in all European markets.

This patented anonymous method increases not only liquidity for all participants but also couples markets and connects portfolio positions and assets at the same time.