Trafigura opened its Kyiv office late in May 2017 / Photo from UNIAN
Ukraine's National Commission for State Regulation of Energy and Public Utilities has issued a gas supplier's license to Trafigura Ukraine, a subsidiary of one of the world's largest energy traders, Trafigura.
The decision was unanimously taken at a Commission meeting.
"I'd like to greet Trafigura Ukraine, one of the world's largest energy traders, with getting the license and the possibility of work as a natural gas supplier," Commission head Dmytro Vovk said during the commission meeting.
Trafigura opened its Kyiv office late in May 2017.
Read alsoAnother international gas trader enters UkraineThe company launched direct gas shipments onto the Ukrainian market late in November 2016.
It imported up to 10 million cubic meters of gas to Ukraine in November-December 2016, according to estimates of the Exploration & Production Consulting firm.
UNIAN memo. Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world. The trading business is supported by industrial and financial assets, including 49.6% owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; 50% owned DT Group which specializes in logistics and trading; and Galena Asset Management. The company is owned by around 600 of its 4,100 employees who work in 61 offices in 36 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from $12 billion in 2003 to $98.1 billion in 2016.