| With close to 50,000 employees, Gaz de France is a major force in the European energy market. The Group produces, transports, distributes and sells, gas, electricity and services to 14 million customers (individuals, businesses and municipal authorities).
At 31 December 2006, Gaz de France was Europe’s leading distributor of natural gas. It operates the longest high-pressure natural gas transmission grid and boasts the second-largest natural gas storage capacity in Europe.
A top five player in the worldwide liquefied natural gas market (LNG), the Group manages one of the most diversified gas supply portfolios in Europe.
Gaselys helps to optimise this resource portfolio through its trading activities. The products and services designed by Gaselys also feature in Gaz de France’s commercial offers, particularly those aimed at its key account customers, which are marketed under the Gaz de France EnergY® brand.
Gaz de France EnergY® devises customised products and services for Europe’s large gas consumers, including the supply of energy, price risk management products and energy performance optimisation services for manufacturing facilities.
| | Société Générale Corporate & Investment Banking, the 3rd-largest bank in the euro zone, is the corporate and investment banking division of the Société Générale group.
With a presence in 48 countries and special expertise in euro-zone capital markets, structured financing and derivatives, Société Générale Corporate & Investment Banking develops innovative and integrated financial solutions on behalf of the corporates, institutions and public-sector organisations that it serves. Against this backdrop, the commodities sector is strategically important for the Group, with a dedicated team of 500 professionals active in financing and capital markets.
Present since 1989 in the oil and petroleum product markets, Société Générale Corporate & Investment Banking has established itself as a market maker in commodity and energy derivative products. It has teams based in Paris, London, New York, Houston, Calgary, Singapore and Sydney.
Société Générale was one of the founding members of the ICE electronic platform and the Powernext electronic trading exchange.
Société Générale Corporate & Investment Banking has transferred its natural gas, electricity and coal trading activities in Europe to Gaselys.
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