Background<br/> -Commitments to the<br/>European Commission
The merger between DONG, Elsam, Energi E2, Nesa, Copenhagen Energy (electricity division) and Frederiksberg Forsyning (electricity division) - creating the new energy company, DONG Energy - was approved by the EU Commission in March 2006.
In order to relieve concerns raised by the EU Commission regarding the competitive situation on the gas market in Denmark, DONG Energy committed itself to undertake a six-year gas release programme starting 2006. There will be an auction of 400 million m3 each year in which DONG Energy receives similar gas volumes at one or more of the gas trading hubs in Northern Europe.
The 400 million m3 will be divided into ten lots to be supplied over two years with a daily contract quantity of 669,041 kWh (approximately 20 million m3 per year) and with flexible delivery terms. The total quantity to be released over the entire gas release programme from 2006 to 2011 is up to 2,400 million m3. The first deliveries of the Gas Release Programme 2009 will begin on October 1st 2009.
Download Commitments to European Commision (pdf, 606 kb)