Wingas

Wingas GmbH
subsidiary
Founded 1993
Founder Wintershall
Gazprom
Headquarters Kassel, Germany
Parent Gazprom
Website www.wingas.de

Wingas GmbH is a gas distribution company located in Kassel, Germany. It was established in 1993 by BASF subsidiary Wintershall Holding AG and Gazprom. Since 25 October 2007, Wintershall owns 50% plus one share, while Gazprom's stock is 50% less one share.[1] In December 2013, Wintershall and Gazprom agreed an assets swap which makes Wingas a wholly owned subsidiary of Gazprom.[2]

Wingas's subsidiary astora GmbH & Co. KG operates the Western Europe largest natural gas storage facility in Rehden, North Germany, with a working gas volume of 4.2 billion cubic metres (150 billion cubic feet). Another large gas storage facility with capacity of 2.4 billion cubic metres (85 billion cubic feet) is the Haidach gas storage.[3] In 2004 Wingas purchased the Saltfleetby Gas Field, which will be used for gas storage in the United Kingdom.[4][5]

References

  1. ↑ "Duo tie up Yuzhno-Russkoye swap". Upstream Online (NHST Media Group). 2007-10-26. (subscription required). Retrieved 2007-12-23.
  2. ↑ Socor, Vladimir (17 January 2014). "Gazprom Takes Over Wintershall’s Core German Business". Eurasia Daily Monitor 11 (10) (Heritage Foundation). Retrieved 18 January 2014.
  3. ↑ "Haidach gas storage facility opens in Austria". Reuters. 2007-05-24. Retrieved 2007-12-23.
  4. ↑ "Gazprom unit wins UK site". Upstream Online (NHST Media Group). 2006-08-31. (subscription required). Retrieved 2007-12-23.
  5. ↑ "Red tape ties up Saltfleetby plans". Upstream Online (NHST Media Group). 2007-07-14. (subscription required). Retrieved 2007-12-23.

External links