WINGAS UK shall be a leading gas marketing company in the UK for industrial and commercial customers. As a subsidiary of BASF we understand clearly the needs of industrial and commercial customers and have direct access to large natural gas reserves through our other parent company Gazprom.
We are committed to providing high quality solutions for energy supply to our customers. These include individual information services via our customer portal, market analysis reports, decision support on risk and portfolio management as well as direct access to traded gas products.
The Future
WINGAS, WINGAS TRANSPORT and OPAL NEL TRANSPORT GmbH are planning to expand the European gas infrastructure with investments of around three billion euros by 2015. The investments are mostly earmarked for the expansion of the transport system on the German mainland - particularly the onshore connections for the Nord Stream Baltic Sea pipeline - and the construction of new natural gas storage facilities in Europe.
WINGAS is also a partner in the Nord Stream natural gas pipeline. The pipeline aims to further strengthen supply security and to meet the growing demand for natural gas imports in Germany and Western Europe in the long term. The Nord Stream pipeline will start at the Russian town of Vyborg and run 1,200 kilometres through the Baltic Sea coming on land at the German Baltic Sea coast near Greifswald. WINGAS plans to procure up to 9 billion cubic meters of natural gas a year through the new pipeline over a period of 25 years from the time of commissioning, which is scheduled for 2011.
In order to transport the gas arriving through the Baltic Sea pipeline on to further destinations, two natural gas pipelines on the German mainland are planned: construction of OPAL (Ostsee-Pipeline-Anbindungs-Leitung - Baltic Sea Pipeline Link), which will transport gas arriving through Nord Stream from the Baltic Sea coast to the German-Czech border, has already begun. The pipeline is expected to be completed in autumn 2011. The second planned pipeline, NEL (Nordeuropäische Erdgas-Leitung - North European Gas Pipeline), is intended to transport natural gas to West Germany from 2012. Construction of this pipeline is scheduled to begin at the beginning of 2011. These pipelines will also enable the Russian gas to be transported onwards to neighbouring European countries.
In addition to Western Europe's largest gas storage facility in Rehden and the natural gas storage facility in Haidach near Salzburg (Austria), the Jemgum storage facility is currently being built in North Germany. This cavern storage facility will have a capacity of up to 1.2 billion cubic meters. The first caverns are scheduled to start operations in 2013. The construction of another natural gas storage facility in England (Saltfleetby) has recently been granted approval by the relevant authorities.
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