Photo from UNIAN
Trafigura, which is considered the world’s third largest energy trader, started trading natural gas in Ukraine’s internal market in November 2016, as reported by LІGA.net with reference to the owner of one of the big gas companies.
Trafigura in November started to purchase natural gas in Europe and sell it to consumers in Ukraine, LIGA.net reports.
The resource is purchased from the Polish ONICO Energia Spolka. The volumes of imports are rather small and do not exceed 5 million cubic meters per month, according to the source.
All transactions are conducted through Trafigura’s Ukrainian subsidiary, Trafigura Ukraine, registered in Kyiv July 2016.
Read alsoNaftogaz to boost gas price for Ukraine’s industrial consumers by 22% from Feb 1Trafigura is a Dutch-based company specializing in trading metals, oil, and fertilizers. The company's revenue in 2016 was reported at $98.1 billion.
As UNIAN reported earlier, in 2016 Ukraine reduced gas imports by 32.7% compared with 2015, to 11.78 billion cubic meters. The share of private companies in the country’s gas imports was 27% and the rest was purchased by Naftogaz of Ukraine. In December 2016, imports amounted to 1.6 bcm of gas, which is 3.7 times more than in December 2015.