Eni Sells Its Interests in Interconnector (UK), Interconnector Zeebrugge Terminal and Huberator

Eni completed the sale to Fluxys SA (“Fluxys”) and Snam S.p.A. (“Snam”) of its 16.41% interest in Interconnector (UK) Limited (“IUK”), 51% interest in Interconnector Zeebrugge Terminal SCRL (“IZT”) and 10% interest in Huberator SA (“Huberator”).

The total consideration for the above mentioned stakes amounts to € 145 million and Eni will retain its transportation contracts of IUK’s capacity.

IUK owns and operates the subsea gas pipeline that provides a bi-directional link between the UK (Bacton) and Belgium (Zeebrugge). I

ZT and Huberator are Belgian companies: IZT owns the terminal and compressor facilities linking the Interconnector pipeline to the Belgian gas transmission system and Huberator is the operator and provider of hub services in Belgium.

Press Release, August 03, 2012;  Image: Interconnector

Share this article

Follow Subsea World News

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

SUBSEA POWER CABLES

2-day seminar covering best practice and emerging technologies for cost-efficient subsea cable projects from conception to installation…

read more >

EEMUA subsea engineering course: materials selection and corrosion control

This two and a half day training course is recommended for both discipline and project focused engineers from a variety of backgrounds…

read more >

FUTURE OIL & GAS

Join senior executives from oil and gas majors, service companies, technology suppliers and industry experts at this year’s premier event…

read more >

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >