Natural gas - Europe: Gaselys

Although slower to develop than oil markets, deregulation in European natural gas markets has led to a demand for more sophisticated solutions to price risk management. But combining financial sophistication and knowledge of phyical energy markets is still a tall order.

One company to achieve exactly that is Gaselys, created in 2001 as a 51/49% partnership between Gaz de France and Societe Generale.

The first, and still the only company, to marry an energy company and a bank, there was no blue