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 pleasedwith the initial trading results at the recently launchedTolar Hub, a new IntercontinentalExchange gas price pointdesigned to bring trading services to the Dallas/Fort Worthregion. Company officials said they expect trading activityand liquidity at the hub to grow as gas gains market shareover coal for power generation. More than 60 of installedgeneration capacity in the Dallas/Fort Worth area is fueledby gas, NorTex said. According to ICE records, the Tolar Hub began trading on March 20, with liquidity slowly rampingup over the month. Traded volumes at the point hitt 21,300MMBtu as of April 12, ICE data shows.