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Centragas

  • Centragas AG is a holding company which holds a 50% interest in RosUkrEnergo (RUE), a Swiss gas distribution company

  • Centragas Holding AG was incorporated in Vienna in July 2004

  • RUE is a 50/50 joint venture between Centragas and Russian energy company Gazprom

  • RUE currently supplies circa 55 billion cubic metres of gas per year to Ukraine from the Central Asian countries of Turkmenistan, Uzbekistan and Kazakhstan

  • In 2007, RUE is supplying gas to Ukraine at a price of $130 per tcm which is substantially below the contracted and spot prices elsewhere in Europe.

  • Centragas, via RUE, holds 25% in UkrGasEnergo, a Ukrainian domestic gas distribution company

  • Also RUE currently exports circa 11 billion cubic metres of gas to Central and Western European countries, notably Hungary and Poland

  • RUE reported turnover in 2006 of $7.1 billion

  • Centragas AG is headquarted in Vienna and is headed by CEO David Brown

  • Centragas AG is 90% owned by GDF

Gas Map - click map to enlarge