Distrigas was a

natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...

company based in

Belgium Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...

. In addition to Belgium, the company operated also in

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

, the

Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

and

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. On 1 November 2012, Distrigas merged with Nuon Belgium and became Eni Gas & Power NV/SA, a wholly owned subsidiary of

Eni Eni is an Italian oil and gas corporation. Eni or ENI may refer to: Businesses and organisations * Escuela Nacional de Inteligencia, the Argentine intelligence academy * Groupe des écoles nationales d’ingénieurs (Groupe ENI), a French engi ...

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 list ...

and reorganizing Distrigas to natural gas trading company. Distrigas went public with majority owned by

Suez Suez (, , , ) is a Port#Seaport, seaport city with a population of about 800,000 in north-eastern Egypt, located on the north coast of the Gulf of Suez on the Red Sea, near the southern terminus of the Suez Canal. It is the capital and largest c ...

. As a consequence of the merger of Gaz de France and Suez, according to conditions posed by the

European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...

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