N.V. Nederlandse Gasunie

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N.V. Nederlandse Gasunie
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	▲ EUR 1.277 billion (2005)
Employees	1425
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.

1 History
2 Current activities
3 See also
4 References
5 External links

[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 that owns and operates the Dutch gas transmission network. The state bought Shell and Exxon out of the transport company (N.V. Nederlandse Gasunie) which is now 100% state owned. Ownership of GasTerra is divided the same way as the old Gasunie.

[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]