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Gazprom Starts Trading in Electric Power on Germany’s Exchange Market

03-08-2007
Interfax

 

Gazprom's Pan-European trading centre headquartered in London and called Gazprom Marketing & Trading Limited (GM&T) was in July admitted to the spot market of electric power on European Energy Exchange AG (EEX, Leipzig), according to a report of the exchange.

At present, 175 companies from 19 countries operate on EEX.

In March, GM&T concluded its first deals for supplying electric power on the over-the-counter market in Germany. In October last year, GM&T began trade in electric power in the United Kingdom.




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