Virtual Trading Point (VTP)

VTP Portugal

The virtual trading point (VTP) comprises the entire Portuguese gas transportation system where gas title transfer products with unrestricted physical delivery are traded.

Spot products

Gas title transfer and physical delivery products are traded in the VTP:

  • Withinday
  • D+1
  • D+2
  • D+3
  • Weekend.

These products are settled through MIBGAS, which acts as counterparty.

Who can trade these products?

In order to trade the Portuguese VTP products it is necessary to be registered in MIBGAS.

The process to register in MIBGAS is very simple and agents can participate in the market directly or through a representative.

Registration in MIBGAS