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  • Gas Natural Fenosa signs contracts with its first wholesale gas customers in Belgium and Luxembourg
    édité le 28/12/2010 - Plus de news de "Naturgy" - Voir la fiche entreprise de "Naturgy"


Gas Natural Fenosa signs contracts with its first wholesale gas customers in Belgium and Luxembourg
GAS NATURAL FENOSA, through its affiliate Gas Natural Europe - a Paris-based affiliate that supplies energy in the European market -, now counts on its first customers in Belgium and Luxembourg, which represent a portfolio of over 200 million kWh per year.

The company, which recently opened its first offices in these two European countries, has already got in contact with hundreds of customers all over the territory. Thanks to a personalised energy advisory service and the advantage of having a diversified and secure energy supply portfolio, the company intends to establish a long-term relationship of confidence with every customer.

Following its expansion strategy in Central Europe, Gas Natural Europe is considering its entry into other new markets, such as Germany and Netherlands.

Wholesale gas supply

Since 2005 GAS NATURAL FENOSA supplies natural gas in the French market through Gas Natural Europe, to a current 211 customers of different fields, reaching from the industrial sector (chemicals, paper, etc.) to local authorities and the public sector.

Likewise, from its Paris office, the company coordinates the reactivation of the wholesale gas supply in Italy, where the company has managed to incorporate new customers. The energy supplied in the Italian market is 2,200 GWh per year, also supplying energy to residential customers through the retail gas supply activity of its affiliate Gas Natural Vendita.

GAS NATURAL FENOSA expects to increase its wholesale natural gas supply activity, benefiting from its position and experience as the largest natural gas supplier in the Iberian peninsula as well as its being a worldwide LNG operator, with relevant presence in the Atlantic and Mediterranean basins.

Leading multinational company

With the effective entrance in the Belgium and Luxembourg markets, GAS NATURAL FENOSA, one of the leading multinational companies in the gas and electricity sectors, is already present in 25 countries and counts on over 20 million customers and 16.5 GW of installed capacity.

After the acquisition of the electricity company Unión Fenosa, Spain's third largest utility, GAS NATURAL FENOSA has fulfilled its target of integrating the electricity and gas businesses in a company with long experience in the energy sector, capable to compete efficiently in markets subject to a process of growing integration, globalisation and an increase in competitiveness.

It is currently the largest gas and electricity integrated company in Spain and Latin America, leader in natural gas supply in Iberia and the first natural gas distribution company in Latin America. With a fleet of 13 LNG tankers, it is one of the world's main suppliers and a reference in the Atlantic and Mediterranean basins, where it operates 30 bcm.


Origine : Communiqué Naturgy

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