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US gas trader TrailStone intends to enter Ukrainian market in autumn — Naftogaz of Ukraine

July 14, 2015, 17:31 UTC+3 MOSCOW
The US company welcomes actions of the Ukrainian authorities to liberalize the domestic gas market and is preparing to enter the gas market of Ukraine
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© SERGEI CHIRIKOV/EPA/TASS

MOSCOW, July 14. / TASS / US gas trader TrailStone intends to enter the Ukrainian market in autumn, Ukraine's Naftogaz said in a statement on Tuesday.

The Ukrainian company says that Bill Gebhardt, senior partner of the American company TrailStone, said that the company welcomes actions of the Ukrainian authorities to liberalize the domestic gas market and is preparing to enter the gas market of Ukraine.

As previously reported by Tass, Naftogaz has called on private traders to take part in the import of natural gas to Ukraine through the Slovak reversal for injection into the country's underground gas storage, which is necessary for the volume of gas for the autumn-winter period.

TrailStone was formed in April 2013 and is a group of companies funded by Riverstone private equity group, the company web-site says. "TrailStone is staffed by energy and finance professionals with in-depth experience of mining, oil and gas investment and finance, energy asset management, energy logistics and trading. TrailStone attracts talented entrepreneurs who have a proven track record in their field and who are adept at understanding and managing risk."

The company has offices in London, Berlin, Sydney, Austin and New York.

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