Distrigas
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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 carbon d ...
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 ...
. 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 betwee ...
. On 1 November 2012, Distrigas merged with Nuon Belgium and became Eni Gas & Power NV/SA, a wholly owned subsidiary of
Eni Eni S.p.A. () is an Italian multinational energy company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world, it has operations in 69 countries with a market capitalization of US$54.08 billion, as of 11 Ap ...
.


History

Distrigas was founded in 1929 by the Imperial Continental Gas Association. 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 bou ...
. 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 ...
with regards to allowing the merger, on 29 May 2008 Suez sold its stake in Distrigas to Eni for €2.7 billion.


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 {{belgium-company-stub