MET Group

Articles

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Benjamin Lakatos owns majority of MET

Benjamin Lakatos owns majority of MET

The ownership structure of MET, a major energy group even by European standards, currently preparing for a significant capital raise, has transformed. CEO Benjamin Lakatos, who now owns about 80% of the company, gave an interview to Világgazdaság on the background of the transaction.
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2018. 05. 30.
No End in Sight for European Gas Rally as Oil Hits $80

No End in Sight for European Gas Rally as Oil Hits $80

Higher European natural gas prices are here to stay. At least that’s what traders were saying this week in Amsterdam at the Flame conference, the region’s biggest annual gas gathering. Rising prices for energy commodities led by oil and the need to refill depleted storage sites after the coldest winter since 2012 will see European gas consolidate its rare rally during the summer, when lower heating demand usually damps prices.
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2018. 05. 18.
Cold weather swoops without notice – gas prices take everybody by surprise

Cold weather swoops without notice – gas prices take everybody by surprise

The unusually cold weather between the end of February and the middle of March sparked spectacularly big swings in natural gas prices. In this extraordinary situation, gas traders were bound to address risks arising from price fluctuation. We asked two of MET Hungary’s experts, Director of Retail Sales Márton Szépfy and Head of VIP Key Account Manager Team András Matisfalvi, about the challenges of energy procurement.
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2018. 03. 28.
Hungary could grow into a gas hub

Hungary could grow into a gas hub

What will the race between supply routes bring, how will the role of natural gas change in energy supply and what kind of role can LNG take up in Hungary? We asked these questions and more from MET Hungary's experts, Director of Retail Sales Márton Szépfy and Director of Pricing Zombor Smaraglay.
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2018. 03. 14.
Electricity supply ahead of massive turnaround – Hungarian record to fall

Electricity supply ahead of massive turnaround – Hungarian record to fall

The construction of Dunai Solar Park, which will be one of Hungary’s largest solar power plants, is set to begin soon in Százhalombatta. However, MET Group will not stop there, it plans further investments into renewables in Hungary and the neighbouring countries as well. What is the significance of these projects and how can they change electricity production in Hungary? The company answered these questions and more.
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2018. 01. 18.
A Leviathan Sets Sail to Keep Turkey Warm

A Leviathan Sets Sail to Keep Turkey Warm

(Bloomberg) -  Turkey is getting a giant helper to avoid last December’s gas shortages.  The world’s biggest specialized vessel to import liquefied natural gas, a cheaper and quicker solution than a land-based facility, is on its way to help with imports of the fuel mainly used for heating and power generation.
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2017. 10. 25.
MET jumps among first companies on the Spanish gas market

MET jumps among first companies on the Spanish gas market

MET Energía España, the Spanish subsidiary of MET Group European energy trading company, has jumped among the first Spanish gas sales companies in the first quarter of its activities, according to the 2017 Q1 Spanish gas market report of CNMC governmental agency.
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2017. 10. 24.
MET International plans to boost LNG trades in 2018 - CEO

MET International plans to boost LNG trades in 2018 - CEO

(Reuters) - Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company’s chief executive said on Tuesday.
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2017. 10. 17.

Swiss Energy Trader MET Doubles LNG Volume, Eyes Power Expansion

(Bloomberg) - MET International, which entered the LNG market in March 2016, has traded 10 cargoes this year vs fewer than 5 last year, György Vargha, CEO of the Zug, Switzerland-based trader, said in a telephone interview.
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2017. 10. 06.

MET Group increases RCF, attracts new lenders

European energy trader MET Group has increased its revolving credit facilities (RCF) from €560mn,  signed earlier this year ,  to €735mn.
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2017. 08. 08.
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