Press release BoxID: 437020 (PRISMA European Capacity Platform GmbH)
  • PRISMA European Capacity Platform GmbH
  • Schillerstraße 4
  • 04109 Leipzig
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  • Katja Beckert
  • +49 (341) 443-2440

TRAC-X Welcomes Six New Shareholders

New Managing Director at TRAC-X from 01 October 2011

(PresseBox) (Leipzig, ) TRAC-X has expanded its circle of shareholders. A further six transmission system operators from Germany have joined TRAC-X: bayernets GmbH, Eni Gas Transport Deutschland S.p.A., Erdgas Münster Transport GmbH & Co. KG, Gasunie Deutschland Services GmbH, GRTgaz Deutschland GmbH as well as WINGAS TRANSPORT GmbH. This means that the number of TRAC-X shareholders has increased to 11 and will all hold equal stakes in the company.

"With this change in our ownership structure, we have taken a further important step towards fulfilling the legal requirements of the new primary capacity platform TRAC-X primary", Volkmar Müller, managing director of TRAC-X, said on the occasion of the signature of the contract. "With the support of our new shareholders, we will be able to master the challenges of the gas market that lie ahead of us", Müller said.

Additionally, Mr. Götz Lincke (39) is to become new managing director of TRAC-X from 01 October 2011. He joins TRAC-X from Alpiq Trading AG, a Swiss energy trading company, where he served as Head of Market Regulations since February 2010. During his time at Alpiq Trading, Lincke dealt with the operational challenges of the European regulation as well as of energy political objectives. Götz Lincke is married with four children.

PRISMA European Capacity Platform GmbH

TRAC-X Transport Capacity Exchange GmbH was established to create a transparent and non-discriminatory market space for trading secondary natural gas transport capacity across Europe. TRAC-X was launched in March 2005 and offers registered shippers the possibility to trade long-term and short-term capacity rights on an internet trading platform.

In the course of implementing the requirements of the new German Gas Network Ordi-nance, TRAC-X has signed an agreement with the German TSOs to operate a platform for allocating primary transport capacity in Germany. The primary capacity platform is set to be launched by August 2011. In combination with the existing trading platform for secondary transport capacity, TRAC-X therefore contributes significantly to simplifying European gas trading.

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