N.V. Nederlandse Gasunie
From Wikipedia, the free encyclopedia
| Type | Naamloze Vennootschap; state-owned company |
|---|---|
| Founded | 1963 |
| Headquarters | Groningen, The Netherlands |
| Key people | Marcel P. Kramer (CEO) |
| Industry | Energy |
| Products | Natural gas transportation |
| Revenue | ▲ €1.319 million (2007) |
| Employees | 1448 |
| Website | http://www.nvnederlandsegasunie.nl |
N.V. Nederlandse Gasunie (short form: Gasunie) is a Dutch natural gas infrastructure and transportation company. Gasunie owns the Dutch gas transmission network with a total length of over 12,000 kilometers.
Contents |
[edit] History
Gasunie was founded in 1963 as a public-private partnership of Royal Dutch Shell (25%), ExxonMobil (25%) and the state of the Netherlands (50%) to sell and distribute natural gas from the then recently discovered gasfield in the province of Groningen. In 2005 the company was divided into a gas trading company (now called GasTerra) and a gas transportation company which kept the name Gasunie. The latter owns and operates the Dutch gas transmission network as well as the former BEB pipeline network in Germany and a major pipeline connecting The Netherlands with the United Kingdom called the BBL Pipeline.In 2005 the split of Gasunie took place through a buy out by the Dutch State of the shares held by Shell and ExxonMobil in the infrastructure part of Gasunie. Therefore Gasunie is now 100% state owned. The Dutch Ministry of Finance represents the Government[s shareholder interest. Ownership of GasTerra is divided the same way as Gasunie before 2005.
[edit] Current activities
Gasunie owns 60% of the BBL Pipeline between the Netherlands and the United Kingdom. According to the agreement of 6 November 2007, signed between Gasunie and Gazprom, Gasunie will get 9% of shares in Nord Stream AG, the project company of the Nord Stream pipeline, in exchange for the option of 9% shares in the BBL Pipeline.[1]
On 23 November 2007 was announced that Gasunie will buy German natural gas pipeline network operator BEB from Royal Dutch Shell and ExxonMobil.[2]
[edit] See also
[edit] References
- ^ "Gazprom and Gasunie sign agreement on cooperation within Nord Stream and BBL projects". Gazprom. 2007-11-06. http://www.gazprom.com/eng/news/2007/11/25932.shtml. Retrieved on 2007-11-06.
- ^ "Duo sell BEB to Gasunie". Upstream online. 2007-11-23. http://www.upstreamonline.com/live/article144818.ece. Retrieved on 2007-11-24.
