Distrigas was a
natural gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...
company based in
Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
. In addition to Belgium, the company operated also in
France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
, the
Netherlands
)
, anthem = ( en, "William of Nassau")
, image_map =
, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
and
Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
. On 1 November 2012, Distrigas merged with Nuon Belgium and became Eni Gas & Power NV/SA, a wholly owned subsidiary of
Eni.
[
]
History
Distrigas was founded in 1929 by the
Imperial Continental Gas Association
Imperial Continental Gas Association plc was a leading British gas utility operating in various cities in Continental Europe. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.
History
The Company was formed b ...
. In 2001, Distrigas was unbundled separating gas transmission company
Fluxys
Fluxys is a Belgium-based company, mainly acting as a natural gas transmission system operator. In 2004, it employed around 850 people and its infrastructure comprised about of pipelines and a terminal in Zeebrugge, Belgium. The company is lis ...
and reorganizing Distrigas to natural gas trading company. Distrigas went public with majority owned by
Suez
Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same boun ...
. As a consequence of the merger of
Gaz de France
Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other Europea ...
and Suez, according to conditions posed by the
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...
with regards to allowing the merger, on 29 May 2008 Suez sold its stake in Distrigas to Eni for €2.7 billion.
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]
References
External links
Eni Gas & Power NV/SA web site
Oil and gas companies of Belgium
Defunct energy companies of Belgium
Energy companies established in 1929
Eni
Non-renewable resource companies established in 1929
Belgian companies established in 1929
2012 mergers and acquisitions
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