Dow Jones launches UK natural gas price indexes.

Energy Report, March, 1998

Dow Jones has introduces a suite of new indexes tracking the UK's spot market for natural gas.

Three UK Natural Gas Price Indexes are being calculated by Dow Jones. They are:

* A Day-Ahead Natural Gas Price Index, which is a weighted -average price (pence/therm) of natural gas sold at the National Balancing Point for next-day delivery;

* A Weekend Index, which is a weighted-average price (pence/them) of natural gas sold as NBP for Saturday and Sunday delivery; and

* A Month-Ahead Index, which is a weighted-average price (pence/therm) of natural gas sold at NBP for delivery in the next calendar month.

All indexes are based on traded prices collected from more than 20 market participants. The Dow Jones UK Natural Gas Price Indexes...

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