SET Swiss Energy Trading AG is a company founded by Swiss regional gas companies in order to provide them with market access. SET is purchasing and selling natural gas products and other related energy products. SET's main area of business are the European spot markets (presently NCG, Wallbach, PEG and TTF).
Swissgas, Schweizerische Aktiengesellschaft für Erdgas (Swissgas), has founded SET Swiss Energy Trading AG together with the German VNG – Verbundnetz Gas Aktiengesellschaft (VNG) at the beginning of the year 2009. Since 2009 until the end of September 2011, SET has operated through the VNG trading platform. On 1 October 2011, SET started its own trading platform and since then all trading is managed solely by SET. End of 2012, Swissgas bought the remaining shares of SET from VNG, 66% of which were transfered as subparticipation to EGO, EGZ, Gaznat and GVM.