Gas-Union to Expand into the Netherlands

Bloomberg reported that German Gas-Union GmbH plans to expand into the Netherlands, expanding its presence in the lucrative European gas market.

As quoted in the market report:

Gas-Union will start buying and selling at the Title Transfer Facility hub in the Netherlands and at Baumgarten in Austria by April, Tobias Meyer, head of portfolio management at the Frankfurt-based company, said today by phone. Gas-Union has hired four traders over the past two years, taking its total to six, he said.

To view the whole Bloomberg report, click here.