The P-GAS is the natural gas trading platform where also the gas quotas of parties subject to the obligations of art. 11 of Law-Decree 7/07 are bid and where investors participating in virtual gas storage may fulfill their obligation to bid the gas quantities made available by the virtual storage operators associated with them.

To trade on the P-GAS, operators must be authorised to carry out transactions at the “Punto di Scambio Virtuale” (PSV – Virtual Trading Point).

The P-GAS consists of the Imports’ Segment, of the Royalties’ Segment and of the Segment referred to in Legislative Decree 130/10.

The gas quotas referred to in art. 11, para. 2 of Law 40/07 and gas quotas other than those referred to in article 11, paras. 1 and 2 of Law 40/07 are bid in the Imports’ Segment.
The royalties owed to the State and referred to in art. 11, para. 1 of Law 40/07 are bid in the Royalties’ Segment. 

In the Segment referred to in Legislative Decree 130/10, investors participating in virtual gas storage may bid the gas quantities made available by the virtual storage operators associated with them, in accordance with AEEG’s Decision 67/2012/R/GAS (*). Operative details

(*) Participating investors may fulfill their obligation to bid cumulatively or alternatively in the MGP-GAS in accordance with AEEG’s Decision 67/2012/R/GAS.