Fluxys Company Description
Fluxys makes gas flow -- the company derives its name from fluxus, the Latin word for flow. Fluxys transports natural gas throughout Western Europe. The company maintains and operates a natural gas transport network in Belgium comprised of 3,730 kilometers of pipeline, associated infrastructure, a terminal for liquefied natural gas, and an underground storage unit. Its network includes 17 points of connection to natural gas sources and to neighboring networks. Transport, storage, and terminalling activities account for more than 90% of the company's revenue. Primary shareholders are Suez-Tractebel (57%); and Publigaz (31%).
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The Company Description provides a historical perspective of Fluxys's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Fluxys's evolution in the marketplace.
