"Shell has been present in the dynamic Hungarian energy sector for more than 80 years and we are thrilled to start marketing natural gas here" said István Varga, Shell Hungary Country Chair. "Hungary's gas market is growing and, for Shell, the start of gas marketing activities there is a further milestone in our broader strategy of expanding our presence in the pan-European gas market." Michael O'Callaghan, Executive Vice President Europe, Russia, and Central Asia, Shell Gas & Power added "Hungary is the 17th and newest country addition to Shell's strategy of strengthening its position as a pan-European natural gas marketer. What we can offer in the Hungarian gas market is the combination of our local experience and Shell's unique portfolio of diversified supplies, which includes our own gas production as well as 3rd party volumes." Information for Editors:
Shell Energy Europe is the European arm of Shell Gas & Power, a core business of Royal Dutch Shell. With staff of more than 400 people, Shell Energy Europe focuses on managing supplies and sales of natural gas to customers across Europe. In order to achieve a regional reach and substantial supply capability, Shell Energy Europe draws on large and diverse gas supplies from Shell's global gas production activities as well as from third parties and leverages pipeline gas supplies with LNG. In less than five years this allowed us to serve more than 7000 customers ranging from international merchants to industrial and commercial clients. Royal Dutch Shell PLC is a global group of energy and petrochemical companies, employing approximately 108,000 people and operating in more than 130 countries and territories.
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