One of our key drivers is to trade multiple commodities across European energy markets. As a result the Company has embarked on a low risk asset-backed trading strategy to generate profits from optimising a variety of physical asset positions.
As part of that strategy the Humbly Grove Storage Facility is now 100% owned by PETRONAS Energy Trading Limited and our immediate focus is to grow our position in the following areas:
- LNG regasification
- Natural Gas Storage
- Gas-to-Power tolling capacity
- Physical Gas and Power
The Company will also be the focal point for trading all Carbon credits for the PETRONAS Group.
This diagram shows our six business centres and the scope of our work in the energy sectors. It also shows where we take over from PETRONAS LNG (UK) Ltd.’s work and we manage everything within the dotted white line.