M&M Gas Co. S.A. is the private company that helped launch the operation of the liberalised Greek natural gas market by delivering the first privately imported Liquefied Natural Gas (LNG) cargo to the facilities of the Hellenic Gas Transmission System Operator (DESFA) S.A. M&M Gas was established in August 2010 by MYTILINEOS HOLDINGS S.A. and MOTOR OIL HELLAS (CORINTH REFINERIES) S.A.
MYTILINEOS Group, the largest independent Power Producer in Greece, with expertise in the construction and operation of gas-fired combined cycle plants, and MOTOR OIL, a major energy player in the European & international market, with presence in both Upstream and Downstream Oil & Gas, joined forces to create the leading natural gas trading company in Greece.
The vision of M&M Gas is to be the leading Natural Gas marketing company in Greece with significant international presence, playing a key role in this critical point of the Natural Gas flow into Europe. To this end, the company brings together the qualities of its two shareholders:
- Winning and innovative culture, and
- Commitment to sustainable development with respect for the people and the environment.
As the pioneer in the newly liberalised Greek natural gas market, M&M Gas is committed to developing options that maximise the end-to-end benefit and create conditions for effective and efficient natural gas supplies.
On top of its main activity of sourcing, trading and marketing natural gas (both Pipeline and LNG), M&M Gas is set up to undertake construction, operation, maintenance & management of natural gas facilities, pipelines, networks and other related infrastructures, and to provide consultancy and project management services in related fields, ensuring best in class results for the stakeholders.
The company’s existing portfolio of clients represents, volume-wise, over 1.8 BCM of annual domestic consumption, while our prospective clients in the Greek market represent an additional increase of over 1.2 BCM.