GTS is building the gas roundabout of north-west Europe, and Participations & Business Development builds the important ‘junctions’ on the roundabout- Ulco Vermeulen, Managing Director of Participations & Business Development
The infrastructure belonging to GTS and Gasunie Deutschland is part of the ‘gas roundabout’, which serves the Dutch and German markets and which links the different ‘junctions’.
These ‘junctions’ on the gas roundabout bring gas to the roundabout (Nord Stream, BBL and Gate), where it can be traded. The gas is also brought via exits to users or to storage facilities, where it is stored in order to meet fluctuations in gas demand (EnergyStock and Gate terminal). Transit is also possible, for example via the BBL and numerous border exits.
The whole system ensures that gas can be freely transported between Russia via the Dutch trading exchange, the TTF, and the UK, or from Qatar or anywhere else (as LNG) to Rotterdam and on to Germany, or to Belgium from Norway and Denmark, and so on. Gasunie Participations & Business Development makes these ‘junctions’ possible – with and without business partners.
The first LNG terminal in the Netherlands, built on the Maasvlakte in the Port of Rotterdam, officially opened by HM Queen Beatrix of the Netherlands in September 2011. Gate is a partnership with Royal Vopak B.V.
The first gas storage in the Netherlands to be constructed in salt caverns, unique in Europe for its send-in and send-out capacity and the flexibility which it can offer customers. EnergyStock opened in January 2011.
An underwater pipeline which transports gas between Balgzand (Noord-Holland) and Bacton (on the English east coast). Opened in December 2006, BBL is a partnership between Gasunie BBL B.V. (60%), E.On Ruhrgas BBL B.V. (20%) and Fluxys BBL B.V. (20%).visit website
Gasunie has a 9% share in this pipeline, opened in November 2011, which transports gas from Russia to the German coast. The combination of BBL and Nord Stream gives Gasunie a network of pipelines which stretch from Russia to the UK.
This pipeline will link the Nord Stream landfall on the German north coast with the German towns Heidenau and Achim. Gasunie has a 20% share in this pipeline and TSO (Transmission System Operator). NEL is a partnership between Gasunie, WINGAS GmbH & Co. KG and E.ON Ruhrgas AG.
ICE Endex is a continental European spot and derivatives market for trading natural gas. It offers also trading for power and biomass futures products, as well as natural gas storage facilities. ICE Endex is a joint initiative between IntercontinentalExchange (ICE – a leading operator of global markets and clearing houses – owning 79% of shares), and Gasunie. ICE Endex is the home of trading around the TTF in the Netherlands, a leading natural gas trading hub in Europe.visit website