Market Overview

1. WHAT HAS BEEN HAPPENING IN THE OIL & FUEL INDUSTRY?

EU legislation changes

EU directives as a major driver of emergent markets distortion.

War in Ukraine

Conflict in Ukraine accelerating the reshaping of global fuel trade map.

Ecological transition

“Eco-terror-green-transition” hysteria, unlikely to fade away despite economic non-feasibility

2. recent External shocks causing dramatic changes in the Traditional Oil/Fuel Business

    • The market disruptions moving the traditional ex CIS players out of the official markets.
    • Key global traders under pressure from ESG hysteria.
    • New entrants unlikely to invest nor enter.
    • Traditional financing houses walking away from even big clients with no rational reasons.
    • Historical low cost and economy of scale games supported by vertical integration and relatively cheap stable
      financing being challenged.
    • Fight for the legitimate stable supply resource became the name of the day today.
    • Many sophisticated weird scammers and “couch traders” popping up in the market undermine the traditional risk protection schemes.
    • Assuring the stability of off-take contract and financial backing not relying on traditional banks may become crucial.
    • Ability to finance bigger volumes independently form big EU based banks becoming competitive advantage.
    • Flexibility and fast reaction are likely to be key when fighting for traditional allocations.

3. What is it impact on the EU & East market?

Nuclear plants in the EU

Germany shutting down Nuclear and Coal fired power plants. France undergoes nuclear plants maintenance reducing base load.

Coal situation

Scarcity of energetic coal supply due to embargo on Russian supply chains.

prices peak

Stand-by hydro capacity covering peak demand achieving historical peak prices.

Speculative market

Speculative market distortion drained financing even for established traders forcing them to walk away from attractive long term contracts.

Advantages for green traders

EU directives on emission allowance spot prices was s major driver of skyrocketing evolution of electricity prices creating new opportunities especially for green asset based traders.

New opportunities

New opportunities have opened up for financially backed & ready to move players like Belartis Ltd.

4. Belartis partners with a dynamic European Trading house

    • Asset-Based electricity producer, trader and distributor with broad international portfolio of power plants
    • 15x Hydropower plants in Georgia, 14x in Bulgaria, 7x in Turkey, 2x in Czechia
    • 1x gas power plant in Georgia
    • 6x countries, more than 9,000 employees
    • Total installed capacity 859 MW
    • A leading hydro power operator, developer and supplier of electricity in in Central and East Europe, and the Black Sea region.
    • Operational for over the last 30 years.
    • Experience in cross-border electricity trading.
    • Execution of large-scale trade contracts.
    • Direct access to attractive wholesale customers.

5. What is our focus?

Focused on middle and lower market that are..

  • Below the radar screen of the biggest players.
  • Not reaching the refinery volume threshold for longer term contracts.
  • Lost their traditional funding from their traditional, now eco-hysteric commercial banks.

Well established partnerships

  • Supported by deep knowledge of the logistic chain (owning some of them).
  • Being aware of the challenges, bottlenecks, insurance, ecological and regulatory challenges.

To support you

  • Excellent client focused service support with flexible pulsing supply capacity.
  • To ensure your business has the energy it needs when you need it - to cover peak and out of peak times.