The Thomson Financial News Limited corporation has reported from Londay today, September 17, 2007 that the joint venture firm WinGas, which is jointly owned by Russian natural gas giant Gazprom and huge German chemical group BASF AG, said it is increasing the supply of natural gas to the United Kingdom and Belgium, reflecting increased demand for natural gas in those two countries.
In Belgium, WinGas will deliver 12.3 billion kilowatt-hours of gas to customers this year, 2007. For the year 2008, WinGas has already signed supply agreements involving about 16 billion kilowatt hours, which is equivalent to eight (8) percent of the country's natural gas market.
WinGas will supply the United Kingdom natural gas market with about 20 billion kilowatt hours this year.
The United Kingdom and Belgium need vast quantities of natural gas and so they still hold great potential growing profit for WinGas, said its chairman Rainer Seele.
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