Fluxys

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Fluxys Belgium SA
Public
Traded as EuronextFLUX
Industry Oil and gas
Headquarters Brussels, Belgium
Key people
Walter Peeraer (CEO)
Services Natural gas transmission
Website www.fluxys.com

Fluxys is a Belgium-based company, mainly acting as a natural gas transmission system operator. In 2004, it employed around 850 people and its infrastructure comprised about 3,700 km of pipelines and a terminal in Zeebrugge, Belgium. The company is listed on Euronext Brussels market.

History[edit]

The company was created in 2001 from the breakup of Distrigas into two entities (the other entity has kept the name Distrigas). Suez held as much as 57.25% of Fluxys shares prior to its 2008 merger with Gaz de France to form GDF Suez now call Engie , but was obligated to reduce its stake to satisfy the concerns of the European Commissioner for Competition. Engie still retains 44.75% of Fluxys as of July 2008.[1]

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