- Mibgas Indexing
The purchase method indexed to MIBGAS (Mercado Ibérico de Gas) relies on indexing the price of gas to that in effect in Spain’s organised natural gas market. The price for next-day delivery of natural gas is negotiated daily.
Natural gas resellers use this transparent marketplace to adjust their balances based on a representative price for Spain.
The MIBGAS market reflects other European hubs accurately, and especially the French TRS, due to its close geographic proximity.
Nexus Energía offers the simplicity and stability of a fixed price for the duration of the natural gas contract. This gives companies more security and certainty in their financial activities by avoiding the effects of changing natural gas prices.Nexus Energía offers an indexing option tied to the price of a barrel of Brent crude and to the euro/dollar exchange rate. The formula used to calculate the price, revised quarterly, includes an average of parameters that provide for certain stability over time.