MET Group

Articles

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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.

Gas Traders Face LNG Bidding Battle to Fill U.K. Winter Gaps

U.K. may seek more pipeline gas if LNG market is short: MET Southern France, Spain, Turkey lured LNG cargoes last winter Just as Britain’s need for liquefied natural gas may be at its most critical this winter, tankers may still berth elsewhere as traders face off against buyers from Asia to Turkey.
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2017. 07. 04.

Budapest LNG Summit: a warm welcome for LNG in CEE

Who could have imagined that a US company would be delivering natural gas to a former Warsaw Pact country, Poland? Well, that's exactly what is happening in the year 2017.
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2017. 05. 22.

Having outgrown Hungary, MET set to grow big in Switzerland

Originally established in Hungary, MET Group today is one of the key players in energy and commodity trading in Central Europe. As an important milestone in its expansion, the company moved its headquarters to the Swiss city of Zug — a municipality that, in addition to low corporate and personal income tax rates, offers high-tech technology and telecoms infrastructure and a service infrastructure of banks, insurers, consultants and IT companies catering for the needs of commodity traders. We...
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2017. 02. 14.
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