MET Group is a natural gas supplier across Europe, with partners ranging from SMEs and industrials to municipalities and other wholesale and trading counterparts. End customer supply is present in Spain, Italy, Germany, Slovakia, Hungary, Croatia, Romania, Bulgaria, Ukraine and Turkey via sales entities. MET International manages wholesale and trading across the portfolio as well as in countries where no sales entity is present, such as the Netherlands, UK, France or Belgium. The volume of natural gas traded was 70+ billion cubic metres (BCM) in 2020. On top of supply & trading, MET Group owns gas infrastructure in underground gas storage facilities.
MET Group power presence is three-fold: it supplies power to end customers in Italy, Slovakia, Hungary, Croatia, Romania and Bulgaria, and is planning to enter the power supply market in Spain and Germany in the near future. Further MET Group’s renewables presence amounts to 15% of Bulgarian wind production and is a substantial solar power producer in Hungary. On top of that, MET Group owns a substantial gas-fired power generation portfolio in Hungary and in Spain. MET International trades across Europe, managing risk and optimizing the sales portfolio and asset positions.
MET Group’s LNG strategy is centred around imports to its European energy portfolio. The primary focus is on importing LNG to its Croatian and wider Mediterranean portfolios, based on fundamental downstream demand in Spain, Italy, Bulgaria and Turkey. MET International manages the entire LNG supply portfolio of MET Group.