ICAP Energy, Gasteam announce partnership

ICAP Energy, the energy business of ICAP PLC, and Gasteam America LP, a physical brokerage and international marketing and consulting firm, have formed a strategic business alliance to complement and strengthen their respective LP gas operations.

According to the agreement, Gasteam will benefit from ICAP Energy’s futures and derivatives expertise and infrastructure, and ICAP will gain broader access to the international LP gas markets by working closely with Gasteam’s futures and swaps clients.