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November 26, 2015 11:55 PM ET

Gas Utilities

Company Overview of N.V. Nederlandse Gasunie

Company Overview

N.V. Nederlandse Gasunie, through its subsidiaries, operates as a gas infrastructure company in Europe. The company transports natural gas and green gas to the industrial and domestic gas markets in the Netherlands and the northern part of Germany. Its gas transport networks consist of approximately 15,500 kilometers of pipelines, various installations, and approximately 1,300 gas-receiving stations. The company also provides other gas infrastructure services, such as gas and liquefied natural gas (LNG) storage, and green gas certification services. It primarily serves shippers, traders, various industries, regional and private network operators, foreign network operators, gas producers, gas...

Concourslaan 17

Groningen,  9727 KC


Founded in 1963

1,704 Employees


31 50 521 9111


31 50 521 1999

Key Executives for N.V. Nederlandse Gasunie

Chairman of the Executive Board and Chief Executive Officer
Age: 51
Chief Financial Officer and Member of the Executive Board
Age: 54
Chief Executive Officer of GTS
Operations Director of Gasunie Technology & Assets Management and Managing Director of Zuidwending B V
Corporate Treasurer
Compensation as of Fiscal Year 2015.

N.V. Nederlandse Gasunie Key Developments

N.V. Nederlandse Gasunie Reports Earnings Results for the Six Months Ended June 30, 2015; Provides Earnings Guidance for the Full Year of 2015

N.V. Nederlandse Gasunie reported earnings results for the six months ended June 30, 2015. For the period, the company reported that profit attributable to shareholder of EUR 325.9 million, compared to EUR 357 million for the same period ended June 30, 2014. Revenues were EUR 875.9 million, compared to EUR 875.9 million for the same period ended June 30, 2014. Operating profit EUR 480.8 million, compared to EUR 519.4 million for the same period ended June 30, 2014. Profit before taxation was EUR 435.3 million, compared to EUR 477.6 million for the same period ended June 30, 2014. For full year of 2015, the company expects total revenues to be approximately EUR 1.6 billion and net profit to be approximately EUR 550 million.

Gazprom and Gasunie Plan to Cooperate in Low-Tonnage LNG Projects in Europed

Gazprom and Gasunie have signed a framework agreement on cooperation in low-tonnage LNG in Europe that stipulates cooperation in building LNG acceptance terminals, LNG filling stations and other infrastructure. The sides are already discussing pilot project to build a low-tonnage LNG acceptance terminal in northwestern Europe, the statement says, without providing a more exact location. The terminal will be used to store, transport and sell LNG as bunkering and NGV fuel and as an energy resource available for autonomous regasification. In addition, the project covers potential construction of LNG filling stations.

Gazprom & Gasunie Sign Framework Agreement on Small Scale LNG

The Gazprom headquarters hosted a meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie. As part of the meeting, the parties signed a Framework Agreement on cooperation in the area of small scale LNG. The document stipulates the cooperation in the small scale LNG market in Europe, with a focus on joint projects for the construction of LNG receiving terminals, LNG filling stations and other infrastructure facilities. The parties also looked into the possibility of initiating a joint pilot project for constructing a small LNG receiving terminal in Northwest Europe. The terminal will be used for storing, shipping and selling LNG as a bunker and vehicle fuel as well as an energy source for autonomous gasification. In addition, the possibility of building LNG filling stations is also being contemplated within the project. During the meeting matters of security of gas supply to the European market were also discussed. It was stipulated that cooperation in development of new gas infrastructure would help to secure a stable and affordable energy supply for Europe.

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