The PetrolPlaza audio version is presented to you by UNITI expo 2020, the leading retail petroleum and car wash trade fair in Europe.

English Español Gasum joins Nasdaq Nordic Commodities membership

Membership in the Nordic power exchange is one step for Gasum in its action to strengthen its role as a Nordic energy company.



Last update:
Author: PetrolPlaza Correspondent Pablo Plaza

The energy company Gasum is expanding its role in the Nordic power market by becoming a member of the Nordic power exchange of Nasdaq OMX. The membership provides Gasum Ltd with access to direct trading in the power derivatives market.

In recent years, Gasum has been investing purposefully in building the Nordic gas ecosystem. In addition to the gas market, Gasum also aims to respond to customers’ energy needs by operating in an active role in the power market.

"Membership in the Nordic power exchange is one step for Gasum in our action to strengthen our role as a Nordic energy company. Gas provides a strong foundation for our company, and in recent years we’ve been investing in the development of the LNG as well as the biogas market and in building the Nordic gas ecosystem. By assuming an active role in the power market, too, we’ll be able to act even better as our customers’ strategic partner when seeking solutions towards a carbon-neutral society", says Gasum CEO Johanna Lamminen.

Nasdaq OMX Commodities is a marketplace for derivatives that can be used to hedge power prices against future market risks.

Related contents

Discuss