Stand-off over hub plans
German firms Ruhrgas and BEB Erdgas & Erdöl and Norway’s Statoil say they want to work with Gasunie on developing the northwest European natural gas trading hub. Gasunie is making similar noises. So why the separate plans, asks Peter Joy
Plans for the development of two separate natural gas trading hubs in the Oude-Bunde-Emden region on the German-Dutch border entered a new phase at the end of February when the industry’s North West European Hub Steering Committee decided to suspend itself. Instead, a co-ordinating focus group has been formed in an effort to ensure the compatibility and potential future integration of the two rival schemes, led by Dutch firm Gasunie and German company Ruhrgas respectively.
The eight-company
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