German VNG company open for gas imports from Caspian region
Baku, Azerbaijan, Dec.4
By Leman Zeynalova – Trend:
German VNG – Verbundnetz Gas AG is open for gas imports from the Caspian Sea region, the company told Trend in response to a question about the possibility of the company’s engagement in this region’s projects.
“In general, VNG as one of the largest German gas importers, observes an increasing demand for imports in Europe. So we are also open for imports from the Caspian region,” said the company.
As for Azerbaijan, VNG said at present, it doesn’t have any projects there.
“In the past we already had intensive discussions about gas supplies from Azerbaijan to and in Europe, but currently we don’t have concrete projects in Azerbaijan itself,” said the company.
VNG is a group of over 20 companies active in the European energy industry with a broad, future-oriented portfolio of products and services in gas and infrastructure, and 60 years of experience in the energy market. Headquartered in Leipzig, the Group has a workforce of some 1,200 and generated sales of 10 billion euros in the 2017 financial year.
VNG concentrates on three links in the gas value chain: Trading & Sales, Transport, and Storage. Building on these core competences in the gas business, the Group’s VNG 2030+ strategy places a growing focus on new business fields. These include biogas, digital infrastructure, and district solutions.
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