Company type | subsidiary |
---|---|
Founded | 1993 |
Founder | Wintershall Gazprom |
Headquarters | , Germany |
Revenue | €12.59 billion |
Number of employees | 550 |
Parent | Gazprom |
Website | www |
Wingas GmbH is a gas distribution company located in Kassel, Germany. It is a subsidiary of Gazprom, which held its shares through W&G Beteilligungs-GmbH & Co. KG. [1]
Wingas was established in 1993 by BASF subsidiary Wintershall and Gazprom. Since 25 October 2007, Wintershall owned 50% plus one share, while Gazprom's stock is 50% less one share. [2] In December 2013, Wintershall and Gazprom agreed an assets swap which made Wingas a wholly owned subsidiary of Gazprom. [3] BASF and Gazprom completed the swap of assets by September 30, 2015. [4] [5]
Wingas operates in Germany, Belgium, Denmark, France, the United Kingdom, Austria, the Netherlands and the Czech Republic. In Germany, it has a 20% market share.[ citation needed ]
Wingas's subsidiary Astora GmbH & Co. KG operates the Western Europe largest natural gas storage facility in Rehden, North Germany, with a working gas volume of 4.4 billion cubic metres (160 billion cubic feet) and represents roughly a fifth of the entire storage capacity in Germany. Another large gas storage facility with capacity of 2.6 billion cubic metres (92 billion cubic feet) is the Haidach gas storage. [6] In 2004 Wingas purchased the Saltfleetby Gas Field in the United Kingdom, which is operated by Wingas Storage UK and is used for gas storage. [7] [8]
Besides natural gas, Wingas leases the free transmission capacity in fiber-optic cables to commercial customers. [9]
DEA Deutsche Erdoel AG was an international oil and gas company headquartered in Hamburg, Germany. It was a subsidiary of L1 Energy. In 2018, DEA owned stakes in oil and gas licenses in various countries and operated natural gas underground storage facilities in Germany. DEA is a derivation from Deutsche Erdöl-Aktiengesellschaft, the original name of the company. On 1 May 2019, DEA merged with Wintershall to form Wintershall Dea.
PJSC Gazprom is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contraction of the Russian words gazovaya promyshlennost. In January 2022, Gazprom displaced Sberbank from the first place in the list of the largest company in Russia by market capitalization. In 2022, the company's revenue amounted to 8 trillion rubles.
Ørsted A/S is a Danish multinational energy company. Headquartered in Fredericia, Denmark, Ørsted is the largest energy company in Denmark. The company adopted its current name on 6 November 2017. It was previously known as DONG.
ARETI International Group is a private energy company headquartered in Geneva, Switzerland. The ARETI group consists of holding companies registered in Switzerland, Cyprus, the United States, Turkmenistan and is involved in the energy industry, real estate and cycling development. The company operates primarily in Switzerland and the Commonwealth of Independent States (CIS) countries. ARETI was created by Igor Makarov in 2015 following his sale of Itera International Group of Companies, which was started in 1992 and sold off in 2013, when Itera's main subsidiary, Itera Oil & Gas Company, was acquired by Rosneft prior to any sanctions placed on Rosneft.
Blue Stream is a major trans-Black Sea gas pipeline that carries natural gas to Turkey from Russia. The pipeline has been constructed by the Blue Stream Pipeline B.V., the Netherlands based joint venture of Russian Gazprom and Italian Eni. The Blue Stream Pipeline B.V. is an owner of the subsea section of pipeline, including Beregovaya compressor station, while Gazprom owns and operates the Russian land section of the pipeline and the Turkish land section is owned and operated by the Turkish energy company BOTAŞ. According to Gazprom the pipeline was built with the intent of diversifying Russian gas delivery routes to Turkey and avoiding third countries.
Nord Stream is a pair of offshore natural gas pipelines in Europe that run under the Baltic Sea from Russia to Germany. It consists of the Nord Stream 1 (NS1) pipeline running from Vyborg in northwestern Russia, near Finland, and the Nord Stream 2 (NS2) pipeline running from Ust-Luga in northwestern Russia near Estonia. Both pipelines run to Lubmin in the northeastern German state of Mecklenburg-Vorpommern. Each pipeline contains two pipes, denoted A and B; each of the four pipes is approximately 1,200 kilometres (750 mi) long and with approximate diameters of 1,220 millimetres (48 in). The combined capacity of the four pipes is 110 billion cubic metres per annum of natural gas.
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Wintershall Holding GmbH, based in Kassel, was Germany's largest crude oil and natural gas producer. It was a wholly owned subsidiary of BASF. The company was active in oil and gas exploration and production with operations in Europe, North Africa, South America as well as Russia and the Middle East region. Wintershall employed more than 2,000 people worldwide. In the 2018 financial year the company produced around 171 million barrels of oil equivalent (boe) of oil and gas. Revenues amounted to 4.09 billion euros.
The OPAL (Ostsee-Pipeline-Anbindungsleitung) is a natural gas pipeline in Germany alongside the German eastern border. The OPAL pipeline is one of two projected pipelines connecting the Nord Stream 1 pipeline to the existing pipeline grid in Middle and Western Europe, the other one being the NEL pipeline.
The NEL (Nordeuropäische Erdgasleitung, formerly known as Norddeutsche Erdgasleitung, is a 440 kilometres long natural gas pipeline in Germany.
The Atlantic LNG Company of Trinidad and Tobago is a liquefied natural gas (LNG) producing company operating a liquefied natural gas plant in Point Fortin, Trinidad and Tobago. Atlantic LNG operates four liquefaction units (trains). Train 4, with a 5.2 million tonnes per year production capacity, is among the world's largest LNG trains in operation.
South Stream is a canceled pipeline project to transport natural gas of the Russian Federation through the Black Sea to Bulgaria and through Serbia, Hungary and Slovenia further to Austria. It was never finished.
RAG Austria AG (RAG) is the largest gas storage operator and thus energy storage company in Austria. The company focuses its business activities on the storage of natural gas and other gaseous energy and the development of green-gas technologies. With a total storage capacity of more than six billion cubic meters of natural gas, RAG contributes to the security of supply of Austria and Central Europe. RAG operates the Haidach gas storage facility in joint ventures with Gazprom Export and Wingas as well as the 7Fields gas storage facility together with Uniper. In addition RAG operates its own storage facilities at Puchkirchen/Haag, Haidach 5, Aigelsbrunn, 7Fields(RAG). The production and use of gas as fuel are also business areas of RAG.
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Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall Holding GmbH and DEA Deutsche Erdoel AG. BASF SE has a 67% stake in it, with the other 33% being held by LetterOne, whose main ultimate owner is the Russian business magnate Mikhail Fridman. As of 2020 it was planning listing on the Frankfurt Stock Exchange.