TTF
The TTF (Title Transfer Facility) is a virtual transfer point within GTS’s national gas transport network. In other words, a network point where we offer market parties the opportunity to transfer gas that is already present in our system (‘entry-paid gas’) to another party. It is a simple process for gas brought into the national grid through an entry point to change ownership via the TTF before it leaves the national grid at an exit point.
Being able to transfer gas easily promotes gas trading. The virtual network point TTF can serve as an entry point in the portfolio of a shipper or trader who buys gas and as an exit point in the portfolio of a shipper or trader who sells gas. GTS registers the transfer of gas via the virtual network point TTF through a ‘nomination’. This is an electronic message stating the volume of gas transferred, the time period and the buyer and seller. Any shipper or trader approved by GTS can transfer gas through the transfer point, TTF.
Many national and international parties are active in the Dutch gas sector, such as gas producers, gas storage operators, network operators and gas distribution companies. The launch of the TTF in the Netherlands has created a major trading hub for buying or selling gas within the Dutch market area.
When the TTF was set up in 2003, this led to huge growth in gas trading in a single marketplace, significantly increasing gas trading liquidity. The volume of gas traded using the TTF as its transfer point has grown substantially in recent years and this volume is now the largest in Europe. TTF gas trades account for more than eighty times the volume of gas consumed in the Netherlands. Gas prices in the Dutch market area, made transparent through exchanges and data publishing agencies, have become important reference prices in Europe.
How does the TTF operate
Parties wanting to trade in gas find each other one on one, through a broker or via a gas exchange. If the traded gas is to flow into our network, a nomination must be submitted to GTS. This means we always know who owns the gas in our system. We do not need to be notified of transactions via the TTF where the traded gas will not flow into our network (financial settlement cases).
Gas exchange
A gas exchange allows a shipper or trader to buy or sell gas through the TTF without the other party to the gas transfer being known to the shipper or trader. The gas exchange brings together the volumes of gas offered and the volumes of gas requested and processes the financial transactions. If the gas trade takes place on a gas exchange, the gas exchange will take care of the TTF nomination for the shipper. This involves nominating the balance of all transactions between the gas exchange and the shipper or trader.
At the current time, the Ministry of Economic Affairs and Climate Policy has appointed two companies as gas exchange operators for the Dutch gas market, i.e. ICE Endex Markets B.V. (ICE) en Energy Exchange AG (EEX).
See the section "Becoming a customer" for requesting approval as a shipper and obtaining a licence.
List of registered TTF users
Below is a list of shippers who have given permission for their names and contact details to be published on GTS’s website.
If you would like any additional details added to this list, please let us know by completing the TTF publication form that can be downloaded below.
Please send the completed form by email to customerdesk@gastransport.nl
| List of registered TTF users | File extension xlsx | File size 66 kB | Date last updated 05 Sep 2025 |
| TTF publication form | File extension doc | File size 69 kB | Date last updated 14 Apr 2023 |