We have a 49% interest in Attiki Gas Supply Company S.A., a natural gas distribution company in Athens. Under Greek law, it will be unbundled into separate supply and distribution companies in 2017.
We have access to import and storage capacity at the GATE LNG terminal in the Netherlands (Shell capacity rights 1.4 million tonnes per annum), enabling us to supply LNG to marine and road transport customers in northwest Europe. We are also using the terminal to supply LNG to our growing truck-refuelling network in the Netherlands. In 2016, GATE’s third jetty became operational and we carried out our first loading from it.
As part of our New Energies business, we have an interest in the consortium that, in December 2016, was awarded the concession by the Dutch government to develop the Borssele III and IV offshore wind farm projects, to be located about 20 kilometres off the Dutch coast.
Gasnor (Shell interest 100%) provides LNG fuel for ships and industrial customers and has a natural gas pipeline network.
As a result of the BG acquisition, we have a 50% interest in the Dragon LNG regasification terminal, with long-term arrangements in place governing the use of capacity rights.