25 April 2024
Fluxys completes purchase of 19% stake in NEL from WINGAS
Publication date: 01 September 2011
Gas Strategies Group
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Fluxys G, the Belgian natural gas network operator, has completed its purchase of a 19% stake in the planned North European Pipeline (NEL) from WINGAS. The NEL is one of the two pipelines designed to take gas away from the trans-Baltic Nord Stream pipeline when it reaches the German coast at Lubmin, near Greifswald. Ownership of NEL is now split between WINGAS (51%), Gasunie (visual_editor0%), Fluxys G (19%) and E.ON Ruhrgas (10%).