Fluxys TENP has joined NetConnect Germany (NCG) as a 10% shareholder.
Through its shareholding, Fluxys TENP (formerly ENI Gas Transport Deutschland, which had been a cooperation partner of NCG since 2009) confirms its commitment to jointly shape the future development of the NCG market area.
Fluxys TENP will work with its NCG partners to actively promote cross-market and cross-border cooperation with a view to deepening market liquidity, enhancing security of supply and further integrating the gas markets and gas trading places in Europe.
NetConnect Germany GmbH & Co. KG NetConnect Germany GmbH & Co. KG offers a range of products and customer-friendly services for grid operators, balancing group managers and shippers across the different market areas of Germany and is responsible for the operative handling of market area cooperation for bayernets GmbH, Fluxys TENP GmbH, GRTgaz Deutschland GmbH, Open Grid Europe GmbH, terranets bw GmbH and Thyssengas GmbH. The market area of NetConnect Germany GmbH & Co. KG, which stretches from the North Sea coast down to the Alps, is the largest market area in Germany.
[mappress] LNG World News Staff, December 03, 2012