Top Norwegian Stone Oil Analyst Quitting Dnb To Pursue 2020 Depression Sulphur Fuel Dominion Riches

There are a lot of ways to brand coin off the coming change, this is ane that had non occured to yours truly.
Via gCaptain:

Oil analyst Torbjorn Kjus said he’s quitting Norway’s biggest depository fiscal establishment to pursue opportunities that volition arise thank you lot to an obscure simply far-reaching change to fuel rules for the transportation industry.

Kjus, who has followed the marketplace pose for close 2 decades, volition bring together Vistin Trading AS every bit a fund director adjacent calendar week afterwards leaving DNB ASA. The thematic fund, which volition merchandise primarily off the International Maritime Organization’s plans to curb ship-fuel sulfur emissions worldwide from 2020, already recruited Kenneth Tveter from DNB inward a like role.

“It’s the perfect fourth dimension to start,” Kjus, 48, said yesteryear telephone from Oslo on Monday. “Because this topic is then extremely interesting together with has then many effects, most of them receive got non been priced in.”

Kjus — who was late ranked every bit Norway’s unwrap ane analyst inward the magazine Kapital — said the concern is forthwith taking positions inward the market. The corporation was ready yesteryear Oslo-based drug maker Vistin Pharma ASA every bit it seeks to expand into unloose energy trading.

The novel companionship has raised $40 1000000 inward upper-case alphabetic quality for initial trading together with volition accept positions largely a twelvemonth or 2 downward the futures curve, said Kjus, who spent eleven years at DNB together with 6 years prior to that at BP Plc together with Norsk Hydro ASA....

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