Following the establishment of a trading entity in November of 2023, TENCITY successfully met all the prerequisites needed for physical trading of diesel and gasoil in Germany and CE countries. In January 2024, TENCITY started supplying B0 diesel fuel to European customers. The product was delivered by rail and is fully compliant with seasonal German specification.
Mr. Dmitry Brodskiy, managing director of TENCITY Energiehandel GmbH, said: “We are proud to reach agreements with our counterparties within a relatively short time, enabling first delivery in January. Our focus is on further expansion, both in terms of volume and the number of customers served.”