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 11,600 kilometers.

[edit] History

Gasunie was founded in 1963 as a joint venture 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 de 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.

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