According to information on GET Baltic's website, 450,000 cubic meters of gas were offered for sale at 1,336 litas (EUR 387.25) per 1,000 cubic meters.
GET Baltic CEO Haroldas Nausėda told BNS on Monday that it is the combined amount of sell orders and the price quoted is the lowest ask price.
"The start is not very active, but trading should gradually gain momentum. There is interest from participants, both natural gas consumers and new players in the market," he said.
Nausėda said that temperatures are not very stable at the moment, making it difficult for gas consumers to forecast their needs.
The CEO said the list of participants currently includes Lietuvos Dujos (Lithuanian Gas), Lietuvos Energija (Lithuanian Energy), Klaipėdos Energija (Klaipėda Energy) and the district heating supplier Jonavos Šilumos Tinklai. He said that talks are currently underway with the largest gas consumers.
Nausėda told BNS in late December that they would hold talks with the heat suppliers Vilniaus Energija (Vilnius energy) and Kauno Energija (Kaunas Energy) and planned to sign an agreement with the fertilizer producer Achema, Lithuania's largest natural gas consumer.
GET Baltic expects that around 80 million cubic meters of gas will be sold through the exchange in its first year of operation. GET Baltic's gas exchange and Baltpool's gas exchange, which was launched last year, have different trading systems and different rules.
GET Baltic has an authorized capital of 2 million litas (EUR 580,000). Lietuvos Dujos owns 66 percent of shares and Gasum holds the remaining 34 percent.
Russia's gas giant Gazprom is currently Lithuania's only gas supplier.
