Energy integrated company MET Group has now reached a historic milestone and will begin the expansion to the Asian energy markets. MET Asia’s headquarters will be in Singapore.
MET’s new subsidiary will accelerate the growth of the company’s expanding LNG portfolio beyond Europe and asset investments in the region.
MET will develop its Asian business activities in cooperation with Singapore-based Keppel, a 10 per cent owner of MET Group. The two companies recently established a JV company, Keppel MET Renewables, to pursue renewable energy opportunities in Europe and Keppel and MET will seek to broaden this cooperation in Asia as well.
“We expect MET Asia to be a future fuel to our growth story as well as a gateway to participate in the global commodity markets,” said Benjamin Lakatos, Chairman & CEO of MET Holding.
An experienced and respected international energy manager, Sándor Fasimon, has been appointed as the Chief Executive Officer of MET Asia. In his career spanning over 25 years, he previously held international top management positions in integrated O&G companies across Europe, the Middle East and Asia and will bring with him deep knowledge and experience in the global energy industry.
