Gasunie saw its turnover rise sharply in the first six months of this year due to the changing gas flows in Europe since the start of the war in Ukraine. The gas network operator announced this on Wednesday.
“The invasion of Ukraine has led European Union member states to take the historic step of phasing out dependence on Russian natural gas as quickly as possible,” said CEO Han Fennema.
“For Gasunie, the phasing out of Russian gas means a reversal of international gas flows. From now on, they will increasingly run from west to east and from south to north through Europe.”
Due to the Russian invasion of Ukraine, there is more demand for the Gasunie Transport Services (GTS) and Gasunie Deutschland (GUD) units.
Fennema is aware that citizens and companies suffer from high market prices for natural gas. “We have therefore worked hard in recent months on alternatives to Russian natural gas. The LNG import capacity of the Netherlands will double this calendar year. With this we are making the largest contribution this year to expanding European LNG import capacity via new infrastructure.”
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