February 27, 2015 8:29 PM ET

Gas Utilities

Company Overview of GasTerra BV

Company Overview

GasTerra BV engages in trading natural gas in the Netherlands and internationally. The company offers screen-trading products; and structured products, including block, profile-based, temperature-dependent, spark spread-dependent, and specials products, as well as green gas. It also offers services related to gas. GasTerra BV was founded in 1963 and is based in Groningen, the Netherlands.

Stationsweg 1

Groningen,  9726 AC

Netherlands

Founded in 1963

186 Employees

Phone:

31 50 364 8648

Fax:

31 50 364 8600

Key Executives for GasTerra BV

Chief Executive Officer and Member of the Management Board
Age: 57
Chief Financial Officer and Member of The Board of Directors
Age: 43
Chief Operating Officer, Executive Director of Strategy & Planning and Member of Management Board
Age: 57
Chief Commercial Officer and Member of The Management Board
Age: 63
Chief Information Officer and Member of Management Board
Compensation as of Fiscal Year 2014.

GasTerra BV Key Developments

GasTerra and Eneco Sign Supply Agreement for Wind-Dependent Gas

GasTerra and Eneco Holding NV have signed agreement for wind-dependent gas supply. Under the new agreement, the wind speed forecast on a particular day determines the volume of gas supplied and the price charged by GasTerra to Eneco the following day. If wind speeds are low, the volume and price of gas supplied go up and during periods of high wind speed, the opposite happens. The prices charged are set on the free gas trading platform (Title Transfer Facility). This enables Eneco to use gas to offset fluctuations in wind-generated electricity and its associated costs, and GasTerra to assume part of the risk associated with fluctuating wind speeds.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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