NORTEX MIDSTREAM PARTNERS said April 17 it is pleased with the initial trading results at the recently launched Tolar Hub, a new IntercontinentalExchange gas price point designed to bring trading services to the Dallas/Fort Worth region

摘要

NORTEX MIDSTREAM PARTNERS said April 17 it is pleasednwith the initial trading results at the recently launchednTolar Hub, a new IntercontinentalExchange gas price pointndesigned to bring trading services to the Dallas/Fort Worthnregion. Company officials said they expect trading activitynand liquidity at the hub to grow as gas gains market sharenover coal for power generation. More than 60% of installedngeneration capacity in the Dallas/Fort Worth area is fuelednby gas, NorTex said. According to ICE records, the Tolar Hub began trading on March 20, with liquidity slowly rampingnup over the month. Traded volumes at the point hitt 21,300nMMBtu as of April 12, ICE data shows.