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Last updated on February 13, 2012 at 17:08 EST

Mercuria Energy Expands Activities In Carbon Trading

September 14, 2009

LONDON, September 14 /PRNewswire/ — Mercuria Energy is positioning
itself to be one of the world’s top traders in carbon, with strategic hires
and a business plan for growth. Among the new talent that has joined Mercuria
are:

    - Andrei Marcu, former President of the International Emissions Trading
      Association and former CEO of Bluenext, who is one of the corporate
      sector pioneers in the area of climate change and sustainable
      development,

    - Franck Bernard, former business developer with MASDAR and with EdF
      Trading-a part of Ã"°lectricité de France-who has been a pioneer in
      negotiating emissions reduction purchase agreements,

    - Carl Vevle, a seasoned portfolio manager with experience at BP, Fortis
      and JP Morgan,

    - Li Xing, an expert on the Chinese and Southeast Asian markets, with
      experience at Deutsche Bank.

Additional experienced personnel will soon be joining them on the
Mercuria Energy carbon trading team.

The company intends to build alliances with carbon aggregators, and
through them to originate carbon credits as it moves part of its business
further up the supply chain.

“Our target” said Mercuria Energy President Marco Dunand, “is to be one
of the world’s largest and most active carbon emissions traders”.

“We are building a strong emissions trading team,” said Jean-Francois
Steels
, Head of Emissions Trading at Mercuria Energy. “In particular, Andrei
Marcu
brings his extraordinary in-depth knowledge of the international
regulatory framework, and the leaders and governments that are involved in
crafting its shape for the future”.

Mercuria Energy Group is one of the world’s five largest independent
energy trading companies. With offices in 20 countries, Mercuria works to
assure reliable energy supplies for clients at competitive prices. It is
active in the entire energy spectrum from crude oil and refined products, to
power, natural gas, coal, vegetable oils, biofuels and carbon emissions.

SOURCE Mercuria Energy Group Ltd


Source: newswire