The North European Pipeline NEL adopts a more European stature: Fluxys G has now acquired from WINGAS a 19% stake in the Nord Stream connecting pipeline.
After just two years of construction, the energy companies RAG, WINGAS and Gazprom have completed the expansion of the Haidach natural gas storage facility near Salzburg. With a capacity of over 2.6 billion cubic meters of natural gas*, the Haidach storage facility is the second-largest gas storage facility in central Europe - the storage volume equals about a quarter of Austria's annual gas requirements.
WINGAS firmly believes in the growing importance of natural gas in the European energy mix. "A German and European energy mix that is fit for the future can only be secured if it includes a strong component of natural gas," WINGAS Chairman Dr. Gerhard König said confidently about the company's further development.
WINGAS is focussing on growth in Europe: the natural gas company plans to expand its activities on the Dutch energy market and has opened a new sales office in Rjjswijk near The Hague to this end.
Work on building NEL, the North European Natural Gas Pipeline, got up and running over the last few days. The 440 kilometer pipeline is planned to be completed by fall 2012. The pipeline developers are WINGAS GmbH & Co. KG, the Dutch gas distribution network operator, Gasunie, and E.ON Ruhrgas AG. Fluxys, the Belgian gas distribution network operator, will probably also have a holding interest in the future.
The energy companies WINGAS and Technische Werke Ludwigshafen (TWL) AG are continuing to support the research and development of new technologies for distributed natural gas applications.
