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The geo­pol­it­ical crisis in the Middle East ap­pears to be es­cal­at­ing into an en­ergy crisis, with im­pacts be­ing felt around the world. How does an LNG ex­ec­ut­ive view this situ­ation? What con­sequences could a tight­en­ing of sup­ply have for Europe, and for our re­gion in par­tic­u­lar? We asked Luis Sánchez, Head of LNG at MET Group, about these top­ics.

Swiss-based MET Group has entered the North Mace­do­nian en­ergy mar­ket through its re­cently launched sub­si­di­ary, MET Skopje. The com­pany aims to provide con­sumers with tailor-made solu­tions to their en­ergy needs.

MET Česká re­pub­lika, a sub­si­di­ary of Swiss-based MET Group, and the Czech en­ergy group Cen­tro­pol have con­cluded a con­tract for nat­ural gas sup­plies with pri­cing linked to the U.S. Henry Hub in­dex. The primary mo­tiv­a­tion stems from the ef­fort to di­ver­sify sources, pro­tect Cen­tro­pol’s cus­tom­ers against high price volat­il­ity on the European mar­ket, and en­sure even higher re­li­ab­il­ity of sup­ply.