About us

GET Baltic, part of EEX Group and Amber Grid, gas transmission system operator of Lithuania, is a licensed natural gas market operator with Registered Reporting Mechanism (RRM) status granted by the ACER. The company operates an electronic trading system for short-term and long-term trading of natural gas products with physical delivery in trading areas located in Lithuania, common Latvian-Estonian market area, and Finland. The development of tailor-made solutions for natural gas trading is intended to contribute to increased liquidity, competitiveness, and transparency of wholesale gas markets in Baltic States and Finland.

Website
http://www.getbaltic.com
Industry
Financial Services
Company size
11-50 employees
Headquarters
Vilnius
Type
Public Company
Founded
2012

Locations

Employees at GET Baltic

Updates

  • View organization page for GET Baltic, graphic

    724 followers

    🎤 Attention Gas Market Participants! GET Baltic is calling on all existing and future customers to prepare for a transition to EEX trading platform. Here's what you need to know 🎧 🔎 EEX Membership: To participate in the new platform, you'll need to become a member of EEX. 🔎 Clearing House: All trades are cleared through the European Commodity Clearing (ECC). 🔎 ECC Membership Choice: NCM or DCP? 🏷 Understanding your membership options is crucial! Our latest newsletter provides a clear breakdown of both membership models, helping you choose the best fit for your needs. Newsletter 🔗 https://lnkd.in/dskCw45s GET Baltic Website 🔗 https://lnkd.in/d7NnbVeC Don't miss out on this important change. ⛳ Start preparing today for a transition to the EEX platform in 2025! #GETBaltic #EEXGasMarkets #EnergyMarkets #Membership #Clearing

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  • View organization page for GET Baltic, graphic

    724 followers

    🛣 On our journey to enhance services for our clients, we are committed to ensuring a smooth transition. To achieve this goal, we are closely collaborating with industry experts from EEX and ECC. Recently we had a pleasure to host Eric Reuter, Head of Physical Settlement at ECC, in GET Baltic office in Vilnius 🏢. Eric's visit provided valuable insights as we prepare to introduce 🆕offerings. During his visit, Eric explored the potential for remote collaboration🌐. We also had the opportunity to introduce Eric to our team and to work together for a few days 🕘. 🚀 Next year, GET Baltic will be launching services to the market participants on the EEX trading platform. Furthermore, market participants in the Baltic region and Finland will gain access to clearing services provided by ECC. ❔ Interested in learning more about our upcoming developments? Connect with GET Baltic team to discuss how we can help your business👍🏻 #GETBaltic #EEX #ECC #Collaboration #WorkingTogether

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  • View organization page for GET Baltic, graphic

    724 followers

    🕶 🌞 In June, gas price was rising across all GET Baltic market areas. It reflects the situation all over the Europe, where gas prices rose despite lower demand and high storage levels. Average price on the exchange was 39.78 EUR/MWh, 9% higher than in May 📍Price on the Lithuanian market was 39.98 EUR/MWh, ⬆ 8% 📍In the common Latvian-Estonian market area - 39.66 EUR/MWh, ⬆ 10% 📍In Finland - 39.74EUR/MWh, ⬆ 10%   Volume of traded gas - 427 GWh and more than 2,100 transactions. Read more in the GET Baltic Trading Report 👉🏻 https://lnkd.in/dXdXGpKS #GETBalticExchange #EnergyMarket

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  • View organization page for GET Baltic, graphic

    724 followers

    💡 Excited to learn and share best practices! As we move forward 👉🏻 integrating the Baltic-Finnish gas markets into EEX, collaborating with EEX experts is invaluable for both - GET Baltic and our clients.   👁Yesterday, we hosted a productive workshop on communication plans and preparations for the upcoming stage of GET Baltic activities⏲. A big thank you 👐🏻 to Stefanie Mersiovsky for visiting us in Vilnius, sharing your expertise and best practices!  #EEX #GETBaltic #Collaboration #Communication

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  • View organization page for GET Baltic, graphic

    724 followers

    🚢 Last week, our team actively participated in the Baltic LNG Forum in Klaipėda, Lithuania. Now you can meet us at EEX in Leipzig, Germany! 🛬 🖐🏻 This reflects our ongoing commitment to full integration with EEX🎯 . We would like to keep you informed about this development and its positive impact on gas trading.   📞 🤝 Have questions about gas trading on the exchange, either with GET Baltic or EEX, now or in the future? 😊 Don't hesitate to reach out - we're here to help!   #EEX #GETBaltic #energymarkets #BalticSeaRegion 

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  • View organization page for GET Baltic, graphic

    724 followers

    A significant step forward for the region's gas industry! 🗓 By the end of Q1 2025, everything will be in place for GET Baltic customers to start trading activities on the EEX platform. That means: 🔑 Increased market participation and liquidity, leading to more competitive gas prices. 🔑Access to a wider range of business solutions and secure trading through EEX's platform. 🔑GET Baltic team will continue to serve the local customer base and develop new products tailored to market needs. If you are interested in more details, please attend the webinar series offered by GET Baltic and EEX. For the webinar schedule and recordings of past webinars please refer to our website: https://lnkd.in/dRtq5mQF #EEX #GETBaltic #NaturalGas #BalticSeaRegion #EnergyMarkets

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  • View organization page for GET Baltic, graphic

    724 followers

    ☀ Summer heat and rising gas prices? Here's what happened on the GET Baltic exchange in May. ✏ Average price on the exchange was 36.56 EUR/MWh, 10% higher than in April  ✏Price on the Lithuanian market was 37.04 EUR/MWh, ⬆ 17% ✏On the Latvian and Estonian market area - 36.00 EUR/MWh, ⬆ 9% ✏In Finland - 36.25 EUR/MWh, ⬆ 5% Volumes of traded gas - 451 GWh and more than 2,000 transactions. 🔸 51% was purchased on the Lithuanian market area, 🔸23% - on the common Latvian-Estonian market area, 🔸26% - on the Finnish market area. 🔎 Last month, global trends led to an increase in the price of gas on the GET Baltic exchange as well, but the price differences between market areas maintained their downward trend. Price stability between the different market areas has also been influenced by the exchange's unique implicit capacity allocation mechanism. It has led to the execution of cross-border trades, with their volumes up by a quarter in May compared to April, - says Giedre Kurme, CEO of GET Baltic. Read more in the GET Baltic Trading Report 👉🏻 https://lnkd.in/dZAMfBtv #GETBalticExchange #EnergyMarket #NaturalGas #BalticStates #Finland

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  • View organization page for GET Baltic, graphic

    724 followers

    👋🏻 Join us tomorrow at the Baltic LNG Forum for a chance to network and learn more about energy! GET Baltic team is excited to meet you in Klaipėda, on 5-6 June. We're happy to chat, answer your questions or talk more about the activities of GET Baltic and EEX Group. This is the perfect place and time to connect with industry leaders and look deeper into the future of energy! #BalticLNGForum #GETBaltic #EnergyNetworking

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  • GET Baltic reposted this

    View organization page for GET Baltic, graphic

    724 followers

    🤝 We're making significant progress integrating the Baltic-Finnish gas markets into EEX. This encourages us to share as much information as possible about upcoming changes.   💻 Join us on our second webinar on the 15th of May, 10:00 AM EET The webinar will cover the following topics:   ↗ Trading principles of EEX exchange ↗ Trading limits and collateral requirements at EEX exchange ↗ Financial settlement and invoicing of EEX ↗ Deep dive into indices ↗ Traders’ exam 🔝 Don't miss out! Register now: https://lnkd.in/d5nf6i9z    #getbaltic #EEX #gasmarket

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