OREANDA-NEWS. DTEK Trading has concluded a natural gas supply contract with PGNiG SA. Test supplies are scheduled for 28-31 October 2013, with maximum daily supplies of up to 3.5m cubic metres.

DTEK continues to diversify fuel supplies to meet the need of its own electricity generation facilities and SCM Group companies, which in total require about 6 billion cubic metres per year. “DTEK's reputation as a reliable supplier of energy products to European markets helped us to establish cooperation with the largest oil and gas company in Poland. Our goal is to increase business efficiency and the competitiveness of products and services. The volume of imports will be adjusted by the end of the year depending on economic feasibility and technical capabilities,” said Andrey Favorov, Commercial Director of DTEK.

DTEK Trading obtained a five-year license for natural gas supplies in 2012. As a result, the company became an active player in domestic and external gas markets. The company started importing natural gas from Europe in July 2013.

Now DTEK is one of Ukraine's largest energy traders as the company's coal is used at power plants and industrial enterprises in Europe, Asia, North and South Americas, and Africa. Its electricity is supplied to Hungary, Slovakia, Romania, Poland, Moldova and Belarus. DTEK is a full-fledged member of the European energy system and the European Federation of Energy Traders (EFET). The Company cooperates with the key players of the European energy market: Alpiq Energy SE (Czech Republic), Axpo Trading AG (Switzerland), E.ON Energy Trading (Germany), EDF Trading Limited (the UK), and Gazprom Marketing & Trading (the UK). In order to ensure transparent sales to the end consumers in Europe, the company established DTEK Trading SA, a subsidiary in Switzerland.