MET International, the Swiss subsidiary of the group, will focus on fulfilling medium-term gas import needs, but at the same time the group also wants to be active on the short-term and futures market.
LNG imports are affecting local markets at an ever greater rate, which is indirectly important for METʼs entire European gas trading business, the group said.
MET group has almost 400 hundred employees in Austria, the United Kingdom, Croatia, Hungary, Russia, Romania, Switzerland, Serbia, Slovakia and Turkey.
The group is active in the gas markets of 19 countries and its annual revenue was close to €4 billion in 2014.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
