Mibgas

Price

Day Ahead ES - 20/07

60,03 €/MWh
2,30 €/MWh
4,0%
Last Price (€/MWh) of the PVB daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Last Price (€/MWh) of the Month Ahead PVB product with delivery the following month (M+1). The variation of this price with respect to the previous one is also indicated.

Calculation methodology according to the Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

PVB: Spanish Virtual Trading Point

Price

Month Ahead ES - Aug

58,08 €/MWh
2,78 €/MWh
5,0%
Last Price (€/MWh) of the VTP daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Calculation methodology according to the Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT

59,23 €/MWh
1,46 €/MWh
2,5%
PVB PVB-LPI PVB-TTF TVB AVB VTP MIBGAS PVB Last Price Index (LPI) Day Ahead (€/MWh): Index calculated per gas day from the Last Price of the last trading session of the Day Ahead or Weekend products with delivery in the PVB, depending on the delivery day.

MIBGAS PVB Average Price Index (API) Day Ahead (€/MWh): Index calculated per gas day from the Reference Price of the last trading session, of the Day Ahead or Weekend products with delivery at the PVB, according to the delivery day.

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Last Price (€/MWh) of each product for the last trading session. Graphs show the evolution of the Last Price (€/MWh) for each product and trading session over the past 31 days.

Last Price calculation methodology according to the Market Instruction - Last price methodology. Data update at 6:00 p.m., except for the Within-day product with delivery in the PVB and in the VTP which is updated at 9:30 p.m.

- PVB: Spanish Virtual Balancing Point
- PVB-LPI: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the MIBGAS PVB Last Price Index (LPI) Day Ahead plus the matched spread on the screen
- PVB-TTF: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the TTF (Title Transfer Facility, dutch virtual trading point) plus the matched spread on the screen
- TVB: Spanish Virtual Balancing Tank
- AVB: Spanish Virtual Balancing Storage
- VTP: Portuguese Virtual Balancing Point
Index
Delivery
Price (€/MWh)
 
 
 
MIBGAS PVB
Last Price Index
(LPI) Day Ahead
20/07
60,03
MIBGAS PVB
Average Price Index
(API) Day Ahead
20/07
59,39
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
19/07
61,28
21/07
61,85
 
22/07
-
 
Weekend
18/07 - 19/07
59,58
Balance of month
July 2026
59,73
September 2026
57,75
 
October 2026
56,80
 
Q1 2027
53,39
 
Q2 2027
39,19
 
Q3 2027
36,80
 
Summer 2027
37,99
 
Winter 2027
35,27
 
2028
28,38
 

News

Repsol joins MIBGAS Derivatives as a market maker
Axpo continues to perform this role after seven years offering this service in natural gas futures and also in LNG products
08/07/2026
Extension of trading hours for Withinday product
This product, traded in the Spanish PVB and Portuguese VTP, may be negotiated until 11 PM
16/06/2026
MIBGAS redesigns its mobile pricing app
This new version offers a better user experience by simplifying the steps and screens for accessing the information
25/05/2026
MIBGAS and DXT Commodities reach an agreement to promote LNG trading on the TVB
MIBGAS and DXT Commodities have signed an agreement for this agent to submit attractive LNG sale bids on the TVB in intraday and next day (D+1) products
07/05/2026
MIBGAS publishes its 2025 annual report
It analyses a landmark year in which the Iberian gas market celebrated its tenth anniversary
25/03/2026
MIBGAS welcomes a delegation from ESAN
Raúl Yunta shared with the students a direct view of the gas market and the growing integration of renewable gases into the energy mix
23/03/2026
MIBGAS collaborates with the Carlos III University of Madrid
MIBGAS has signed an agreement to sponsor the Master in Economics of Competition, Regulation and Markets (CReMa)
13/03/2026
MIBGAS, active in the ATEG assembly and the ACIE congress
The Iberian gas market operator has participated in these events analysing the challenges presented by the gas market
12/03/2026
Number of MIBGAS agents reaches 300
In January, 18.3 TWh were traded, the best start to the year in the history of the Iberian gas market
26/02/2026