UK Gas Prompt - NBP

**Description**
The UK NBP is the UK National Balancing Point (“NBP”) for Natural Gas and is regularly used as an indicator of Europe’s wholesale gas market. The NBP is the longest standing European natural gas market used by participants as the basis for trading the UK Gas market since the 1990’s.

**Coverage**
* NBP

**Details**
The LEBA NBP UK Gas indices offer a comprehensive set of indices determined by including both physically delivered and financially settled UK Natural Gas Futures. LEBA NBP indices, alongside the existing hubs across Continental Europe, complete the European Gas data suite giving market participants a unique view of daily trading activity.

**Key Characteristics**
* Low cost energy reference pricing source
* Interesting to international and local, regional market participants
* Data sourced from highly liquid market participants
* Regulator approved, independent data
* Suitable for both pre and post trade analytics
* Based on the highest market share and underlying liquidity

**Attributes**
* Day ahead
* Weekend
* Months ahead Tenors
* Volume weighted average prices (VWAP)

**Notes**
Quoted in therms and pence per therm.

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