CME Group listed three natural gas futures on February 6, with physical delivery at Pine Prairie Energy Centre, owned by PAA Natural Gas Storage.

Traded on the Nymex floor and cleared through CME ClearPort, the contracts are: PPEC Physically Delivered Natural Gas Daily/Weekend Futures, PPEC Physically Delivered Natural Gas Balmo Futures and PPEC Physically Delivered Natural Gas Monthly Futures.

Contracts are for 2.5m British thermal units (MMBtu) a day during the delivery period and are priced at a minimum increment of $0.0025/MMBtu.

“Our new Pine Prairie Energy Centre-delivered natural gas contracts were developed to meet the fast-moving, short term and long term base load needs in today’s natural gas marketplace,” said Joe Raia, CME’s managing director for energy and metals products.

Intercontinental Exchange is to launch 21 new cleared OTC energy contracts in its global oil and refined petroleum, North American power and natural gas product lines.

The bourse will also list three new US thermal coal futures contracts on ICE Futures Europe. They will be settled against daily assessments published in Platts Coal Trader: Central Appalachian Coal, CSX Coal and Powder River Basin Coal.