Independent electricity supplier Elpedison, a venture involving ELPE (Hellenic Petroleum) and Italy’s Edison, has taken its first trading steps in the natural gas supply sector, utilizing gas amount purchases made by the Greek-Russian venture Prometheus Gas from Gazprom.
Elpedison established its first natural gas supply contract late in December for natural gas supply to polypropylene producer Diaxon, an ELPE subsidiary based in Komotini, northeastern Greece. More such agreements are expected to follow.
The company decision to also cover natural gas supply represents part of Elpedison’s strategy for 2017, as was pointed out during an annual shareholders’ meeting held by Edison in Milan last Friday.
Elpedison’s activities in Greece’s electricity market were also discussed at the Milan session, including the energy supplier’s plan to launch “products of social dimension that will differ to those offered by the competition,” according to one Elpedison company official who did not provide further details.