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Shareholders

The shareholder structure of the Trans Adriatic Pipeline project comprises of EGL holding a 42.5% share, Statoil holding 42.5% share, and E.ON Ruhrgas holding a 15% share.


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EGL is a European energy trading company with its own assets. EGL trades in electricity, natural gas and energy-related financial products. Through its subsidiaries, EGL is present locally in the major European markets and accredited to trade on the most important energy exchanges.

EGL holds interests in Swiss power plants, owns three gas-fired combined-cycle power plants in Italy and holds long-term electricity supply contracts with electricity producers in France. It is investing in the construction of its own production capacities and transport infrastructure in key European markets.

Group trading and sales activities focus on wholesale and bulk customers. Skilled teams in each of the various countries are using their valuable know-how of the liberalised pan-European markets to develop procurement models and tailored contract solutions for this target segment.

In March 2008, EGL signed a long-term contract with the Iranian NIGEC to purchase gas on the DAF basis (Iranian-Turkish border) in the volume of up to 5.5 billion cubic meters annually, beginning from 2012.

EGL is a member of the Axpo Group and is listed on the SIX Swiss Exchange.

You'd like to learn more about EGL? Visit the website www.egl.eu


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Statoil is an international energy company with operations in 40 countries. Building on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, the company is committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Norway with 30,000 employees worldwide.

The company is the world’s largest operator of deepwater fields. It is the world’s third largest net seller of crude oil and a major gas supplier.

The Norwegian state is the biggest shareholder in Statoil with an ownership of 67 percent. Statoil is listed on Oslo Børs and New York Stock Exchange.

For more information about Statoil visit http://www.statoil.com/ 



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E.ON Ruhrgas is Germany's leading gas company. In the E.ON Group operating worldwide, it is in charge of pan-European gas business, thus providing E.ON's European markets with gas. The company has roughly 2,600 employees and is one of the three gas majors in Europe.

E.ON customers comprise regional and local utilities, industrial companies and power stations. Its pipeline system has an overall length of more than 11,600 km, owned by E.ON Gastransport. It has 12 underground storage facilities with a working gas volume of over 5 billion m³ and operate 26 compressor stations.

E.ON Ruhrgas has signed long-term, flexible supply contracts with German and foreign gas producers. The gas comes from sources in Germany and six other countries. On the upstream side, E.ON Ruhrgas E&P is involved in gas production. In order to continue guaranteeing supply security for the markets, E.ON Ruhrgas is further expanding its upstream business. This also means the further diversification of the company’s gas sources.

Together with its subsidiaries, E.ON Ruhrgas is active in all stages of the value added chain of the European gas market. E.ON Gastransport plays a pioneering role in the European gas market. The Ruhrgas subsidiary provides transparent and customer-friendly gas transmission services enabling customers to put the capacities they have booked to effective use. E.ON Gas Storage pools the know-how for the entire technical and commercial development process, the construction, operation and marketing of underground gas storage facilities.

More information at www.eon-ruhrgas.com



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