MET Group has fully acquired KGE, strengthening its presence in the German natural gas market.
Raluca Ioana Draghici
International
www.shutterstock.com
Always see our news on Google
MET Group, a European energy company based in Switzerland, has finalized the acquisition of 100% of KGE, an underground natural gas storage operator in Gronau, Germany. KGE has a storage capacity of 179 million cubic meters and is connected to Trading Hub Europe. This transaction reinforces MET's commitment to invest in energy infrastructure in Germany, where it is already active through other storage facilities. CEO Benjamin Lakatos emphasized the importance of this acquisition to strengthen its market position.
Sources
Latest News
16:09
A former FBI agent with 'Top Secret' access has admitted to accessing FBI systems to steal digital funds.
15:58
Ford, clarifications following Ilie Bolojan's statements regarding the halt of production: "Currently, no production activity is taking place due to the usual summer vacation."
15:48
Turkish commercial ships attacked with drones in the Black Sea. Ankara condemns the incidents.
15:45
The Ministry of Finance is preparing for the Moody's evaluation, after maintaining the rating from Fitch.
15:39
A 70-year-old man died after being hit by a car on Calea Dorobanți in Bucharest.
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Romgaz announced a principle agreement with Azomureș for the takeover of operational activities
International
Canada and Germany conclude an agreement regarding the export of liquefied natural gas
Current Affairs
Ion Sterian, the director of Transgaz, met with the mayors from the Codru Country to discuss investments in natural gas infrastructure.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
