About Us
ETEX: Revolutionizing Energy Transportation With Secure, Transparent And Anonymous Transactions
Energy Transportation Exchange Inc. is an electronic trading platform initially for Nova Gas Transmission Ltd. (NGTL) firm transportation in Western Canada. ETEX acts as an intermediary by providing an anonymous, secure, liquid, and transparent platform for all market participants to access firm receipt (FT-R) and firm delivery (FT-D) transportation.
ETEX’s internet based natural gas transportation platform helps balance firm transportation holders, at specific meter stations, by providing a place for market participants to actively engage in optimization of their transport portfolios.
This exchange platform sets out to reduce market inefficiencies in a secure and confidential manner.
The WCSB is one the most efficient natural gas trading hubs in North America, yet the backbone of this market – the Nova gathering transportation system – trades inefficiently. Companies carrying large amounts of unutilized demand charges, flow interruptible transportation (IT) and have path uncertainty. Cost savings is important for every organization.
We know the difficulties of managing transportation requirement while reducing unutilized demand charges in a timely manner every month.
ETEX is the solution.
Created by veterans with decades of experience in the Alberta transportation market. ETEX is our solution to minimize financial liabilities resulting from changes in production profiles.
ETEX prides itself on creating a marketplace for the exchange of transportation, driven by supply and demand fundamentals, to assist in the determination of fair market value – for everyone’s benefit.
As an exchange, ETEX holds a responsibility to all market participants to be a neutral party for both buyers and sellers. As an intermediary to every transaction, ETEX commits to maintaining the highest ethical standards, confidentiality and integrity for all market participants.
