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UNIMOT News UNIMOT GAZ – FIRST TRANSACTION ON COMMODITY STOCK EXCHANGE

UNIMOT GAZ – FIRST TRANSACTION ON COMMODITY STOCK EXCHANGE

03.09.2014

3 September 2014, Unimot Gaz acquired access to the gas market on the Commodity Stock Exchange. Company also get first natural gas sale transaction through TGE.

3 September 2014, Unimot Gaz S.A received authorization to act on the Commodity Stock Exchange. Important is that on the same day company made first imported natural gas sale transaction. It is another important step in Company’s strategy in relation to the natural gas segment.

–  Starting sales of natural gas on TGE is continuation of this year strategy of the Company- said Robert Brzozowski, Member of the Board Unimot Gaz- Access to TGE enable a Company to buy gas fuel  at competitive prices. Stock exchange guarantees also security of supplies  and transactions, which is for our company as a reliable and responsible seller, very crucial.

Starting form 3 September this year, company will continue natural gas trading transactions through TGE.

Commodity Stock Exchange (TGE) was established in late 1999’s. It is  the only licensed energy exchange in Poland. Operational activity began in June 30, 2000. Starting TGE was one of the first steps towards the liberalization of the Polish energy market and privatization of the electricity sector. Since February 2012, the TGE is the exclusive property of the Stock Exchange in Warsaw.

See  also

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