Gasunie
| Type | Naamloze Vennootschap; state-owned company |
|---|---|
| Industry | energy |
| Founded | 1963 |
| Headquarters | Groningen, The Netherlands |
| Area served | Netherlands, Germany |
| Key people | Paul van Gelder (CEO) |
| Services | natural gas transportation |
| Revenue |
 €1.506 million (2009) |
| Employees | 1,448 |
| Website | gasunie.nl/en/ |
N.V. Nederlandse Gasunie (short form: Gasunie) is a Dutch natural gas infrastructure and transportation company operating in the Netherlands and Germany. Gasunie owns the Netherlands gas transmission network with a total length of over 12,000 kilometres (7,500 mi) and 3,100 kilometres (1,900 mi) long network in Germany.
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.
Current activities
Gasunie is a shareholder of APX-ENDEX, an energy exchange of the Netherlands, Belgium and the United Kingdom.
Gasunie owns 60% of the BBL Pipeline between the Netherlands and England. It also has 9% of shares in Nord Stream AG, the project company for the Nord Stream pipeline.[1] Gasunie has agreed to have a 20% stake in NEL pipeline which will connect Nord Stream with the German gas system.[2]
In 2007, Gasunie bought the BEB's transportation unit BEB Erdgas und Erdoel GmbH, a German natural gas pipeline network operator, from Royal Dutch Shell and ExxonMobil.[3][4]
See also
References
- ↑ "Gazprom and Gasunie sign agreement on cooperation within Nord Stream and BBL projects" (Press release). Gazprom. 2007-11-06. http://www.gazprom.com/eng/news/2007/11/25932.shtml. Retrieved 2007-11-06.
- ↑ "Gasunie takes NEL berth". Upstream Online (NHST Media Group). 2010-06-11. (subscription required). http://www.upstreamonline.com/live/article217635.ece. Retrieved 2010-06-12.
- ↑ "Duo sell BEB to Gasunie". Upstream Online (NHST Media Group). 2007-11-23. (subscription required). http://www.upstreamonline.com/live/article144818.ece. Retrieved 2007-11-24.
- ↑ "Shell und Exxon stoßen deutsche Gasspeicher ab [Shell and Exxon repel German gas storage]" (in German). Financial Times Deutschland. 2010-06-08. http://www.wissen.de/wde/generator/wissen/services/nachrichten/ftd/UB/50124330.html. Retrieved 2010-06-13.
External links
