E.ON AG
09/07/2008  11:50 h
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Picture: Natural Gas Extraction

Pan-European Gas

Natural gas is gaining in importance in western Europe, and the number of gas customers has been steadily rising in all consumer sectors. Currently, natural gas makes up a quarter of Europe’s total energy consumption. This is mainly due to the much higher use of gas in power plants in some countries, as well as the increased demand among industrial consumers. Two-thirds of the natural gas consumed in Europe is produced there, with approximately 85 % of western European extraction taking place in the three main gas-producing countries of the United Kingdom, Norway and the Netherlands.

 

Approximately one-third of western Europe’s gas needs are covered by inter-regional gas trading, with Russia supplying an 18 % share, Algeria supplying a further 12 %, and the rest coming from Qatar, Oman, Abu Dhabi and Libya.

 

The procurement and trading of natural gas is a business that covers all of Europe and which is controlled mainly by the major players. E.ON is in an outstanding position with E.ON Ruhrgas, one of Europe’s largest natural gas companies.
E.ON Ruhrgas
E.ON Ruhrgas is the lead company of the market unit Pan-European Gas and responsible for the upstream and midstream gas business in Europe. 
Picture: E.ON Ruhrgas Headquarters in Essen, Germany
E.ON has defined five target markets.