December 14, 2017 4:50 PM ET

Oil, Gas and Consumable Fuels

Company Overview of VNG - Verbundnetz Gas Aktiengesellschaft

Company Overview

VNG – Verbundnetz Gas Aktiengesellschaft, together with its subsidiaries, engages in the exploration, production, trading, service, transport, and storage of natural gas in Germany and internationally. The company holds shares in 35 licenses in Norway; and 2 licenses in Denmark, as well as participates in producing fields in Draugen, Njord, Hyme, Brage, and Ivar Aasen. It also transports gas through approximately 7,000 kilometers of a pipeline network and 450 network interconnection points; and builds and operates underground storage facilities with a working gas volume of 2.5 billion cubic meters in central and northern Germany. In addition, the company is involved in whole sale of natural ...

Braunstrasse 7

Leipzig,  04347


Founded in 1958

1,289 Employees


49 341 443 0


49 341 443 1500

Key Executives for VNG - Verbundnetz Gas Aktiengesellschaft

Board Member of Finance & Human Resources and Member of the Executive Board
Age: 49
Head of Gas Sales International
Head of Market Management
Head of Affiliates Management
Age: 54
Head of Gas Purchase for Eastern Europe & Germany
Compensation as of Fiscal Year 2017.

VNG - Verbundnetz Gas Aktiengesellschaft Key Developments

VNG - Verbundnetz Gas AG Appoints Ulf Heitmuller as New Chairman of the Executive Board

VNG - Verbundnetz Gas AG, or VNG has appointed Ulf Heitmuller as the new chairman of the executive board. He was previously responsible for the gas business of EnBW as Executive Director Trading & Supply. Ulf Heitmuller succeeds Dr. Karsten Heuchert (62), who left VNG on September 30, 2016. Heuchert had held this position since 2010.

Verbundnetz Gas AG Announces Ulf Heitmüller as new Chairman of the Executive Board

Ulf Heitmüller became the new Chairman of the Executive Board of VNG – Verbundnetz Gas AG on October 1, 2016. He was previously responsible for the gas business of EnBW as Executive Director Trading & Supply. Ulf Heitmüller succeeds Dr. Karsten Heuchert, who left VNG on September 30, 2016.

VNG - Verbundnetz Gas AG Announces Board Changes

VNG - Verbundnetz Gas AG at its EGM held on September 7, 2016, elected Thomas Kusterer as new Chairman of the Supervisory Board of the company. Kusterer succeeds Ulf Heitmuller, Executive Director Trading & Supply of EnBW, who had been the Chairman since November last year. Heitmuller was appointed Member of the Executive Board and new Chairman of the Executive Board of VNG with effect from October 1, 2016. He is to succeed Dr. Karsten Heuchert, who is stepping down from the VNG Executive Board for personal reasons by mutual agreement with effect from September 30, 2016.

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