Their continued relevance.
The purpose of this Paper is to analyse the results of the trading data in 2022 for the European traded gas hubs, in order to be able to assess whether these hubs continue to be relevant, or not, in the pricing of long term physical gas contracts? It will look at the TTF in particular, as this hub has for several years now been the most liquid by far in Europe, and has been widely used as the reference price for physical wholesale gas contracts.