Neha Patil (Editor)

RWE Supply and Trading CZ

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Type
  
Subsidiary

Products
  
Natural gas

Founded
  
1971

Industry
  
Oil and gas industry

Revenue
  
US$5 billion (2006)

Number of employees
  
26 (2013)

Key people
  
Dr. Wolfgang Peters (CEO)

Website
  
www.rwe.cz/o-rwe/rwe-supply-trading/

Headquarters
  
Prague 10, Prague, Czech Republic

Parent organizations
  
RWE, RWE Supply & Trading GmbH

RWE Supply & Trading CZ is the largest natural gas trading company in the Czech Republic. It is owned by the German energy company RWE.

The group used to own pipelines from Lanžhot on Czech-Slovak border to Germany. Its market position deteriorated in 1997 when competing Yamal-Europe pipeline was put into operation. Another threat was the Nord Stream linking Russia and Germany via Baltic sea. Its past subsidiaries include RWE Gas Storage (owns and operates several underground storages located in the Czech Republic).

References

RWE Supply & Trading CZ Wikipedia