S.E.T. was founded in Hamburg in 1985. Today we can proudly show a track record of more than 35 years of experience and solid reputation in the oil and energy international markets. S.E.T. is an independent, private and medium-sized energy trading company based in Hamburg. We work at offices, subsidiaries, participations and partnerships in various countries.
SET has over 30 years experience, network and reputation in the global energy markets.
SET has affiliates and partner companies in Germany, Switzerland, Poland, Russia, USA, Turkey, Kazakhstan and Albania.
Across all our teams and companies we share and cultivate the same values – professionalism, reliability, integrity, transparency, motivation, entrepreneurship and respect. We have defined clear work ethics and principles and strictly comply with applicable laws and regulations.
We have modern corporate governance mechanisms and principles within our teams up to our management, advisory board and family shareholders.
NB-Propangas Service GmbH was founded in 1992 as an independent LPG distribution company with own storage
facilities and LPG trucks. NB-Propangas Service GmbH is primarily active in the distribution of LPG for heating systems
of households and SMEs in remote areas in Northeastern Germany. The company also distributes 5-10 ltr propane gas
bottles to around 50 collection points in the region.
Blue Gas GmbH is a medium-sized LPG distribution company based in Hamburg, which was founded in 2007. The company supplies its Germany-wide network of own and third party stations with LPG for sale to end-customers.
Blue Gas is also active in trading and wholesaling of LPG to other market participants. Since 2020, Blue Gas is actively developing adjacent business models regarding other energy sources (LNG, power, Biogas, etc.) in the German
Central Energy AG is an independent energy trading company with its registered office in Zug, Switzerland. The
company was established in March 1997 and has been under the same ownership as SET ever since. Since its foundation, CE has been actively involved in crude oil and petroleum products trading in CIS countries. The company has a solid reputation and a very experienced team as well as long-standing relationships with major oil companies and smaller trading houses. Since July 2020, CE is a 100% subsidiary of SET.
Select Energy Sp. z o.o. is a 100% Subsidiary of S.E.T. Select Energy GmbH and is active in the Polish energy market
since 2001. With its experienced local team and relevant trade and import licenses, Select Energy Sp. z o.o. imports
oil products from Russia, Scandinavia and Germany and distributes these products to wholesalers and retail stations