Distrigas

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Distrigas is a natural gas company based in Belgium. It is a subsidiary of the Italian energy company Eni. In addition to Belgium, the company operates also in France, the Netherlands and Germany.

History

Distrigas was founded in 1929 by the Imperial Continental Gas Association. In 2001, Distrigas was unbundled separating gas transmission company Fluxys and reorganizing Distrigas to natural gas trading company.[1] Distrigas went public with majority owned by Suez. As a consequence of the merger of Gaz de France and Suez, according to conditions posed by the European Commission with regards to allowing the merger, on 29 May 2008 Suez sold its stake in Distrigas to Eni for €2.7 billion.[2]

References

  1. ↑ "Distrigas". RasGas. http://www.rasgas.com/l_3.cfm?L3_id=18&L2_id=4. Retrieved 2010-01-02.
  2. ↑ "Key moments in GDF Suez combination". Associated Press (Forbes). 16 July 2008. http://www.forbes.com/feeds/ap/2008/07/16/ap5220651.html. Retrieved 2008-07-22.[dead link]

External links

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