Phone Number: +359 296 203 68
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We know our job

We are part of the European energy market. We believe that market intelligence, information, expertise and know-how are the main fundamentals in energy sector.

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Trade with us

Udinex is trading physical energy commodities, cross-border transit capacities and dealing with storage facilities. Mainly, we are specialising on transactions in natural gas field and structural products like spreads across most European hubs.

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For B2B clients

Udinex with an access to pipelines and storage facilities provides easy solution for its B2B clients.


Profile

We are present on gas downstream business across Europe offering flexibility to our clients by our presence on different European hubs. Our portfolio is based on transport and storage facilities, and we provide local players with market access throughout Europe. We provide 24/7 real time optimisation for gas assets and monitor markets in order to always be present when new opportunities arise.

We concentrate our efforts on countries with developed market conditions and high cross spreads to gain more from the efficient and intelligent trading. We do conduct physical trading while realising financial hedging strategies along with portfolio optimisation of our customers.


Business Areas

Our main clients are wholesalers, producers, industrial users, importers, and distributors. We supply gas in both ways as pipeline product, at VTP (virtual trading points) and in liquefied form, under a variety of fixed and floating indexations or other standard commodity pricing structures.

As a part of natural gas trading, Udinex concludes trades across European markets (Bulgaria, Austria, Slovakia and Hungary). Important part of our gas portfolio is formed by storages, transit capacities and flexibility contracts. In additional to trading we secure supplies of natural gas from diversified gas supply contracts.

We are committed to long-term, short-term supply and sales contracts, while having focus on prompt reactions and tailored made solutions whenever our customers need it. Our natural gas business is part of an integrated cross-commodity solution that makes us an ideal partner for all range of B2B clients.


Products

Natural gas is a mixture of gases which are rich in hydrocarbons. All these gases (methane, nitrogen, carbon dioxide etc) are naturally found in atmosphere. Natural gas reserves are deep inside the earth near other solid & liquid hydrocarbons beds like coal and crude oil. Natural gas is not used in its pure form; it is processed and converted into cleaner fuel for consumption. Many by-products are extracted while processing of natural gas like propane, ethane, butane, carbon dioxide, nitrogen etc, which can be further used. Natural gas is a hydrocarbon gas mixture largely made up of methane and some other gases. The gas is typically removed from deep underground rock formations with drilling rigs, processed to remove impurities such as water and carbon dioxide, and sold as consumer fuel for heating, cooking or generating wholesale electricity. Natural gas is mainly used as fuel for generating electricity and heat. It is also used to power vehicles and in the manufacture of plastics and chemicals. It is used as fuel for boilers and air conditioners worldwide too.

Wholesale gas prices are highly sensitive to available production and transmission capabilities because energy must be produced when needed and cannot be stored on an industrial scale. In the case of gas, terminals tend to take deliveries from specialist tankers or pipelines from gas fields before testing, treating and distributing the gas regionally through pipelines. Alternatively, they store gasses derived from crude oil, such as butane, then bottled and used for cooking or heating, where there is no mains gas network.

We provide 24/7 real time optimisation, dispatching and portfolio management for gas assets. We use market intelligence by gathering and analysing collected information for the purpose of accurate and confident decision making in determining trading strategies.

Career

Udinex is open for talented personalities who seek interesting work in a friendly, dynamic, informal and successful team.

Current open positions:

  • Back office Manager
  • Portfolio Manager

If you want to be part of continuously growing company please feel free to send your CV and motivation letter to jobs@udinex.com
We are looking forward to working with you.

Company documents

Contact

Address: UDINEX EOOD, 2-4 Rilski ezera Str., fl.1, apt.3., Lozenez District 1407, Sofia, Bulgaria
Phone Number: +359 296 203 68
Incorporated in the REGISTRY AGENCY by the MINISTRY OF JUSTICE UIC 203700262