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NGX Adds Two Physical Clearing Hubs

TMX Group unit Natural Gas Exchange has begun physical clearing at two new hubs in the U.S. market.

TMX Group unit Natural Gas Exchange (NGX) has begun physical clearing at two new hubs in the U.S. market. The NGX has added the Oneok Gas Transportation (OGT) hub in Oklahoma and the Tennessee Gas Pipeline’s Zone Zero North (TGP-Z0 North).

OGT is an intrastate pipeline that is connected to six underground storage facilities, 20 processing plants and 130 producing fields, while TGP-Z0 North is an interstate pooling point that covers a broad area in north Texas. The exchange now has 37 physical clearing hubs.

Click here for the release from TMX.

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