Hub
Submitted by webmaster on Thu, 2018-07-26 11:40
Hub
A term, met most frequently in the U.S., but also now used in Europe, for a geographical point at which several pipelines meet, storage is often available, and opportunities for gas trading can be exploited. There are many hubs in the U.S., of which the most important is Henry Hub. In Europe the largest hub is the National Balancing Point in the UK.