Energy Risk's Asia awards 2012
More and more, European and US energy trading entities are looking to Asia as their next focus, both because they see it as an area of growth, and due to their need to diversify in the face of eroding profits in Europe and the US. Commodity trading house Trafigura recently switched its trading operations base to Singapore, while other independents such as Cargill and Mercuria are expanding their teams in the region. Integrated energy company GDF Suez Trading also opened up trading activity in
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