Interconnector| Offshore Energy Today

Snam and Fluxys Finalize Acquisition of E.ON’s Stake in Interconnector (UK)

Snam and Fluxys have closed the transaction to acquire E.ON’s stake in Interconnector UK, owner and operator of the subsea gas pipeline between the UK and Belgium. The acquisition is a new step forward in the joint approach of Fluxys and Snam to actively promote further integration of gas markets in Europe and facilitate cross-border [...]

September 27, 2012 | Posted in Company News,Europe & Eurasia,Featured,News,NEWS BY TOPIC,News Categories,Press releases,REGIONAL NEWS,Top Stories | Read More »

Eni Sells Stake in Interconnector (UK)

Eni completed the sale to Fluxys SA and Snam S.p.A. of its 16.41% interest in Interconnector (UK) Limited (“IUK”), 51% interest in Interconnector Zeebrugge Terminal SCRL (“IZT”) and 10% interest in Huberator SA. The total consideration for the above mentioned stakes amounts to € 145 million and Eni will retain its transportation contracts of IUK’s [...]

August 3, 2012 | Posted in Also in the News,Company News,Europe & Eurasia,Featured,News,NEWS BY TOPIC,News Categories,REGIONAL NEWS | Read More »

UK: Snam, Fluxys Buy Stake in Interconnector for USD 162 mln

Snam and Fluxys have reached an agreement to acquire E.ON’s 15.09% stake in Interconnector (UK), owner and operator of the subsea pipeline between the UK (Bacton) and Belgium (Zeebrugge) providing a strategic bi-directional link between the UK and the continental gas trading places. Last January, Snam and Fluxys entered into a strategic alliance aimed at [...]

May 17, 2012 | Posted in Company News,Europe & Eurasia,Featured,News,NEWS BY TOPIC,News Categories,REGIONAL NEWS,Top Stories | Read More »