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Gas Storage Bergermeer partners

TAQA holds a 60 percent stake in Gas Storage Bergermeer and is the operator of the storage facility. TAQA is the operator of Gas Storage Bergermeer and will also act as the marketing agent for all storage capacity that is available for third parties. EBN, an independent company with the Dutch State as its sole shareholder, holds a 40% stake in Gas Storage Bergermeer. Together with TAQA, EBN is investing approximately €800 million in the design and construction of the gas storage facility. As part of the realisation of Gas Storage Bergermeer, an agreement was made with Gazprom in 2009 to deliver cushion gas to pressurize the reservoir. Gazprom group will receive storage capacity and an interest in the technical operatorship of Gas Storage Bergermeer.

logo TAQA

TAQA means energy in Arabic. We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents. Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage.

TAQA Energy B.V. is a subsidiary of TAQA, based in Alkmaar and The Hague, the Netherlands. We are building a portfolio of energy solutions to contribute to a more flexible and competitive European energy market. In the Netherlands, our operations focus on strategic energy infrastructure projects and the production and exploration of oil and gas, both onshore and offshore.

EBN

EBN is active in the exploration for and production of oil and gas in the Netherlands. Together with other national and international oil and gas companies EBN invests in exploration and production and in gas storage facilities in the Netherlands. The initiative for exploration, development and production activities is up to the license holders. EBN does not aim to be the operator in the joint ventures, but invests, facilitates and shares its knowledge. EBN distributes all the profits from these activities to the Dutch State, its sole shareholder.

Gazprom

Gazprom Export is one of the most successful and advanced Russian companies. In 2012, the volume of natural gas exports to far-abroad countries amounted to 138.8 billion cubic meters.

Russia’s gas exports constitute a vital part of European energy security, which has been borne out by more than 40 years of experience in supplying gas to the European continent.