In continuing to increase it’s U.S. presence, Calgary-based Natural Gas Exchange Inc. (NGX), a subsidiary of TMX Group Inc., has added three natural gas hubs in the United States for physical clearing.

The three newest are Ruby Malin, Transco Station 30 and TETCO M1-30 trading points, which brings the number of U.S. hubs featuring physical clearing for NGX to 43.

Ruby Malin is on the California-Oregon border and is on the Ruby Pipeline, which runs through Wyoming, Utah, Nevada and Oregon. Transco Station 30 is in south-central Texas and is on the Transcontinental Gas Pipeline. TETCO M1-30 is in Mississippi and Alabama and is positioned on the Texas Eastern Transmission pipeline.

NGX CEO Peter Krenkel said the tree additions are part of the company’s plan to increase U.S. operations. “The addition of three new venues provides our clients with increased access to our clearing services,” he said.

Last July NGX added the Oneok Gas Transportation (OGT) hub in Oklahoma and Tennessee Gas Pipeline’s Zone Zero North (TGP-Z0 North), which covers a broad area in North Texas.

NGX, which began operations in 1994, provides electronic trading, central counterparty clearing and data services to North American natural gas and electricity markets.

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