Pioneering spirit

Huberator was created in the wake of the first UK-continent gas link between Bacton and Zeebrugge coming on stream in late 1998. As price differentials between both markets presented arbitrage opportunities the market expressed the need for an actor to facilitate trading in Zeebrugge. Huberator was the answer. The company developed the Zeebrugge spot gas market that would become known as the Zeebrugge Hub. At the time the Zeebrugge hub was the first spot market in continental Europe. In the meantime the gas hub landscape on the continent has widely developed and Huberator still keeps its pioneering spirit alive. 

Recent years have seen several all-time highs in daily net traded volume and the community of traders at the Zeebrugge Hub keeps growing. Huberator currently has 80 members showing a balanced mix of physical and financial traders. A total of 62.3 billion cubic metres of natural gas was traded at the Hub in 2010, a volume corresponding to 3.4 times the annual consumption on the Belgian market.