Sempra Energy Europe Limited (SEEL) European Gas Trading Since its establishment in 1999, SEEL has become a leading natural gas trader and gas marketer in the UK and continental markets. The remarkable growth and success of SEEL’s gas trading business has occurred despite the simultaneous period of transition that has seen the consolidation and vertical integration of UK and European upstream and downstream gas companies. Today, SEEL ranks among the biggest independent gas traders in Europe, trading, on a daily basis, with 40 counterparties and in volumes averaging 80 million therms/day.

The backbone of the SEEL Gas Desk is the operational and trading skill of the team, its dynamic and innovative approach to the markets, and the prompt and professional feedback to customers, all of which are geared to maximize the client's potential.

As the UK market matures, the flexibility embedded in upstream assets is dwindling. This development has created increasing demand for alternative hedging tools to manage volume risk and provide flexibility in the nature of storage. SEEL was one of the first non-asset rich companies to offer virtual products independently of flexible physical assets. This ability to use imagination and foresight to provide alternative risk management and trading solutions is one of the main strengths of SEEL as compared to its competitors in Europe.

Physical Presence at Trading Hubs

With its in-house professional expertise, SEEL has built a strong physical trading presence in the UK and in Zeebrugge (Belgium). In addition, SEEL is expanding its gas trading activities to new European gas trading hubs such as the TTF (Netherlands), the BEB VEP (Germany), and major border points. This geographically diverse trading portfolio creates opportunities for price arbitrage between the UK gas-to-gas market and European oil product linked markets.