What is "gasterra"

GasTerra is a Dutch company that is active in the worldwide trade and supply of natural gas. It is owned by Royal Dutch Shell (25%), ExxonMobil (25%) and the Dutch government (50%). Its history dates back to 2005, when the company was created after a split-up of the Gasunie.

Before 2005, the Gasunie was authorized to both sell and transport natural gas discovered in the Netherlands. Due to the liberalisation of the European gas market, transportation and trade and supply had to be separated into independent companies. In 2005, this separation took place, creating both GasTerra and a natural gas transportation company. The last company kept the original name, Gasunie.