PRISMA welcomes Dutch TSO BBLC as new shareholder

(PresseBox) ( Leipzig, )
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- PRISMA, Europe's joint capacity platform of major TSOs, has announced that the Dutch TSO BBL Company V.O.F. (BBLC) will become a shareholder in PRISMA as of today.

Gerard van Pijkeren, managing director of BBLC, said on the occasion of the signing of the contracts: "Our partnership with PRISMA is a logical step in the process of the implementation of the CAM network code, but, more importantly, in facilitating customer needs for the transport and trading between TTF and NBP."

Götz Lincke, managing director of PRISMA, welcomed the new shareholder and added: "We are very pleased to have won BBLC as a new shareholder. Together with our shareholders we look forward to strengthen PRISMA's position as the joint booking platform of major TSOs in Europe even further."

The latest change to its shareholder structure means that PRISMA now has a total of 23 shareholders from eight different European countries: Baumgarten-Oberkappel Gasleitungsgesellschaft m.b.H., Bayernets GmbH, BBL Company V.O.F., Energinet.dk, Fluxys Belgium NV/SA, Fluxys TENP GmbH, Gas Connect Austria GmbH, GASCADE Gastransport GmbH, Gastransport Nord GmbH, Gasunie Transport Services B.V., Gasunie Deutschland Transport Services GmbH, GRTgaz Deutschland GmbH, GRTgaz S.A., National Grid plc., Nowega GmbH, ONTRAS Gastransport GmbH, Open Grid Europe GmbH, Premier Transmission Ltd., Snam Rete Gas S.p.A, terranets bw GmbH, Thyssengas GmbH, TIGF and Trans Austria Gasleitung GmbH.

BBL Company was established on 9 July 2004 in order to design, construct, operate and exploit the BBL pipeline for the transmission of natural gas from Balgzand in the Netherlands to Bacton in the United Kingdom. BBL Company is a joint venture between subsidiaries of N.V. Nederlandse Gasunie, E.ON Ruhrgas and Fluxys.
BBL Company plays an important role in the security and flexibility of gas supply in the UK as well as in the Netherlands and thereby making a considerable contribution to an integrated European gas market.
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