Another international gas trader obtains license in Ukraine

Ukraine’s National Energy and Utilities Regulations Commission has issued a license for the supply of natural gas to Trailstone Energy, a Ukrainian subsidiary of the U.S.-based energy trader TrailStone.

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The corresponding decision was made at regulator’s meeting January 16.

According to the NEURC’s decision, "Trailstone Energy" received the right to conduct economic activities in the field of natural gas supplies in Ukraine.

As UNIAN reported earlier, the NEURC has already issued more than 300 licenses for gas supplies in Ukraine, including to subsidiaries of major international traders - MET Holding AG, Engie, Trafigura, and DufEnergy.

Read alsoUkrainian gas reserves shrink to over 14 bcm within weekUNIAN memo. The U.S.-based TrailStone was founded in April 2013. The company now has offices in London, Berlin, Austin, and New York. It specializes in energy logistics and trade, investments in oil and gas production, and asset management in the energy sector.

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