Fluxys

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

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, but was obligated to reduce its stake to satisfy the concerns of the European Commissioner for Competition. GDF Suez still retains 44.75% of Fluxys as of July 2008.

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