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1 statistical report 2 13

2 Contents 1 FOREWORD 2 1: Primary Energy Consumption 4 2: Final Energy Consumption 5 3: inland Deliveries of Natural Gas 6 4: Natural Gas Supplies 7 5: LNG Imports 8 6: Storage Facilities 8 7: Natural Gas Industry in Figures 9 8: Natural Gas Reserves 10 9: expectations for : The European Natural Gas Grid in appendix

3 Foreword by the secretary general Dear Reader, I am pleased to introduce this year s Eurogas Statistical Report and to summarise its main findings. We are happy to know that this report is appreciated for the information that it provides and the soundness of the data collection on which it is based. It is our endeavour to keep up this standard. In view of the EU moving towards a low-carbon energy system, 2012 was, for the second year running, both an encouraging and a disappointing year. On the positive side, the use of renewable energy sources other than hydro in primary energy consumption rose by 11%, compared with On the negative side, the use of gas declined by 2%, whereas that of higher carbon solid fossil fuels rose by 2%. Even though total gas demand rose in some countries, the continuing economic crisis and the low use of gas in the power sector took their toll on overall gas consumption in On average, energy use per capita in the EU Member States continues to be slightly lower than that of Japan and substantially lower than that of the United States of America. In power generation, gas consumption experienced a slump in demand of 17% in On a positive note, although transport only made up 0.4% of natural gas sales, the volumes delivered continued to increase. The statistical data presented in this report has been collated with the assistance of the national gas associations and member companies of Eurogas. Additionally, for a full picture of the European Union, data was kindly provided by the natural gas company from Estonia (EestiGas) and by the Energy Institute Hrvoje Pozar for Croatia. As a consequence of the increasing number of players in the liberalised European natural gas market and crossborder trading, it is proving more difficult to collect energy data on a national basis. The data in this report is based on available national and gas industry information, completed with best estimates, which Eurogas has combined to provide the most comprehensive survey at the time of publication. Where no data was available, own estimates have been produced and supplemented with data from international organisations in order to estimate the EU total. Comments and comparisons between 2012 and 2011 refer to the EU totals. Members of the Eurogas Statistics and Forecasting Committee have made a substantial contribution to this report. The Eurogas experts are at your disposal to answer any questions that you may have on this report. Beate Raabe, Secretary General On the gas production side, gas supplies from EU Member States continued to account for 33% of total supplies in 2012 and were still the largest source for EU customers, followed by Russia (23%), Norway (22%) and Algeria (9%). Both Norway and Algeria shipped the gas by pipeline and as liquefied natural gas (LNG). Other sources from different parts of the world contributed the remaining 13% nearly all supplying gas by LNG. Factors such as the drop in gas demand and the strong competition for LNG in the global market, especially from Japan, led to a decrease in LNG imports. When considering net gas imports to the EU from non-eu countries, 18% was delivered as LNG. Statistical Report

4 Primary energy 1 consumption In 2012, primary energy consumption in the European Union (EU) decreased by 1% compared with 2011, to Mtoe. Consumption of natural gas decreased by 2%, oil by 4% and nuclear by 3%, whereas consumption of hydropower increased by 6% and other renewable energy sources by 11%. The consumption of solid fossil fuels (i.e. coal and peat) increased by 2%, reflecting the price competitiveness of coal throughout Primary Energy Consumption by Fuel in the EU-28, Switzerland and Turkey, 2012 Mtoe Oil Solid fossil fuels Natural gas Nuclear electricity Hydro Other renewables Electricity net imports Others Total % Change 2012/2011 AUSTRIA % BELGIUM % BULGARIA % CROATIA % CYPRUS % CZECH REPUBLIC % DENMARK % ESTONIA % FINLAND % FRANCE % GERMANY % GREECE % HUNGARY % IRELAND % ITALY % LATVIA % LITHUANIA % LUXEMBOURG % MALTA % NETHERLANDS % POLAND % PORTUGAL % ROMANIA % SLOVAKIA % SLOVENIA % SPAIN % SWEDEN % UNITED KINGDOM % EU % % Change 2012/2011-4% 2% -2% -3% 6% 11% 16% 7% -1% SWITZERLAND % TURKEY % Units: million tonnes of oil equivalent (net calorific value). Note: other renewables includes biomass, wind, solar and geothermal energy. figures are best estimates available at the time of publication. Share of Primary Energy Consumption by Fuel in the EU-28, 2011 and % % EUROGAS

5 Primary energy use per capita (PEC/Capita) reflects both the geography and the industrial structure of a country. Accordingly, it varies widely among EU Member States. As a result of poor economic growth and of energy efficiency efforts, the average primary energy consumption per capita in the EU in 2012 decreased by 1% to 3.35 tonnes of oil equivalent (toe) in comparison with It has decreased by 8% in comparison with On average, EU Member States have a slightly lower energy use per capita than Japan and substantially lower than the USA. Energy intensity, as measured by PEC per unit of gross domestic product (GDP), is a measure of the energy efficiency of a nation s economy and indicates the cost of converting energy into GDP. In 2012, the energy intensity in EU Member States decreased by 1% compared with Primary Energy Consumption per Capita and per Unit of GDP, 2012 Share of Natural Gas in Primary Energy Consumption, 2012 toe PEC/Capita* PEC/GDP** 0% 50% AUSTRIA BELGIUM BULGARIA CROATIA CYPRUS CZECH REPUBLIC DENMARK ESTONIA FINLAND FRANCE GERMANY GREECE HUNGARY IRELAND ITALY LATVIA LITHUANIA LUXEMBOURG MALTA NETHERLANDS POLAND PORTUGAL ROMANIA SLOVAKIA SLOVENIA SPAIN SWEDEN UNITED KINGDOM EU SWITZERLAND TURKEY UNITED STATES JAPAN * Units: tonnes of oil equivalent per capita. Eurostat figures for population. ** Units: tonnes of oil equivalent per thousand euros of GDP. Eurostat figures for GDP (in millions of euro, chain-linked volumes, reference year 2005 at 2005 s exchange rates). netherlands lithuania italy romania united kingdom turkey croatia hungary ireland latvia slovakia belgium luxembourg eu-28 spain austria germany denmark portugal czech republic france greece poland bulgaria switzerland slovenia estonia finland sweden cyprus malta 23.1% The primary energy consumption (PEC) of a country is defined as the total gross energy supply (indigenous production plus net imports) before any conversion of primary energy into final energy forms has taken place. Primary energy consumption includes net energy losses in the production of electricity and synthetic gas, refinery use, and other energy sector uses and losses (i.e. transformation and distribution losses). For the second year in a row, the share of natural gas fell to 23.1% in comparison with 23.4% in 2011 and 25% in Statistical Report

6 Final energy 2 consumption In 2011, final energy consumption in the EU decreased by 2% to Mtoe compared with Due to the sluggish economic situation, the final consumption of all fuels decreased, except for the category others that includes renewables and heat, which increased by 4%. In 2011, natural gas use in final energy consumption decreased by 8%, oil products by 1%, solid fossil fuels by 3% and electricity by 2%. Natural gas is still the second fuel used in final energy consumption with a share of 22%, ahead of electricity at 20% and behind oil products which remain the largest component of final energy consumption with a share of 42%. Final Energy Consumption by Fuel in the EU-28, Switzerland and Turkey, 2011 Mtoe Oil products Solid fossil fuels Natural gas Electricity Others Total % Change 2011/2010 AUSTRIA % BELGIUM % BULGARIA % CROATIA % CYPRUS % CZECH REPUBLIC % DENMARK % ESTONIA % FINLAND % FRANCE % GERMANY % GREECE % HUNGARY % IRELAND % ITALY % LATVIA % LITHUANIA % LUXEMBOURG % MALTA % NETHERLANDS % POLAND % PORTUGAL % ROMANIA % SLOVAKIA % SLOVENIA % SPAIN % SWEDEN % UNITED KINGDOM % EU % % Change 2011/2010-1% -3% -8% -2% 4% -2% SWITZERLAND % TURKEY % Units: million tonnes of oil equivalent (net calorific value). Note: figures are best estimates available at the time of publication. The final energy consumption (FEC) is calculated from the sectoral use of energy, for which reliable data is available with a significant time lag. The FEC figures are shown for FEC is equivalent to PEC but excludes net energy losses from the production of electricity and synthetic gas, refinery use and other energy sector uses and losses (i.e. transformation and distribution losses). The major part of the difference can be attributed to the conversion of primary fuels into electricity. Share of Final Energy Consumption by Fuel in the EU-28, 2010 and % % EUROGAS

7 Inland deliveries 3 of natural gas In 2012, total gas consumption in the European Union has witnessed a decline for the second year running, with demand in power generation affected most. Natural gas demand from 2011 to 2012 decreased by 2%, to TWh. Although the natural gas markets vary significantly across Europe, some general trends by sector can be distinguished for most of the EU Member States. In the residential and commercial sector, lower temperatures during the heating season and the cold snap in February 2012 led to an increase in gas demand of 6% compared with 2011, which had been characterised by very mild weather conditions. The higher demand for heating in this sector of the EU somewhat limited the total decline. In the power sector, the significant drop of 17% in the use of gas to generate electricity can be attributed to the rising generation of electricity from renewables in combination with stagnating power demand, which have reduced the share of fossil fuels in the total power generation. However, among fossil fuels, coal and lignite have continued to displace gas due to favourable market fundamentals. The increasing competitiveness of coal in the EU is based on decreasing coal prices that are compounded by prices for carbon credits in the EU s Emission Trading System. These have fallen to new lows over the past year as a result of the economic recession and a weak power demand. After two years of recovery, industry across the EU-28 in 2012 again displayed a negative development with an average rate of decline in industrial production of -2.1% in comparison with 2011, according to Eurostat. The dip in industrial production contributed to a reduced gas consumption of 1% in the sector. Transport represented only 0.4% of natural gas sales in 2012, but the volumes delivered increased by 6% compared with Inland Sales of Natural Gas in the EU-28, Switzerland and Turkey, 2012 TWh Residential & commercial Industry Power plants Transport Others uses Total inland sales % Change 2012/2011 AUSTRIA % BELGIUM % BULGARIA % CROATIA % CYPRUS CZECH REPUBLIC % DENMARK % ESTONIA % FINLAND % FRANCE % GERMANY % GREECE % HUNGARY % IRELAND % ITALY % LATVIA % LITHUANIA % LUXEMBOURG % MALTA NETHERLANDS % POLAND % PORTUGAL % ROMANIA % SLOVAKIA % SLOVENIA % SPAIN % SWEDEN % UNITED KINGDOM % EU % % Change 2012/2011 6% -1% -17% 6% 10% -2% SWITZERLAND % TURKEY % Units: terawatt hours (gross calorific value). Note: figures are best estimates available at the time of publication. EU-28 Natural Gas Sales by Sector, 2011 and Inland deliveries represent deliveries of marketable gas to the inland market, including gas used by the gas industry for heating and operating their equipment, and includes losses in distribution. Statistical Report

8 Natural gas 4 supplies In 2012, indigenous production remained the largest source of gas for EU customers, making up 33% of the total supplies. It nevertheless decreased by 7% compared with 2011 to 1712 TWh (159 bcm), due to the low demand and ongoing decline in the mature production basins. The main external sources of supply were Russia at 23%, although shipping lower volumes of gas by pipeline in comparison with 2011, followed by Norway at 22% and Algeria at 9%, who both supplied pipeline gas and liquefied natural gas (LNG). Other sources from different parts of the world delivered the balance of 13% nearly all as LNG, including Qatar, which remains Europe s leading LNG provider. Natural gas supplies in the EU-28, Switzerland and Turkey, 2012 TWh Breakdown of EU-28 Supplies, 2011 and 2012 egypt 0.8 trinidad tobago 0.8 nigeria 3 8 qatar algeria 9 Indigenous production 2011 Russia Norway Algeria Qatar Other sources* 0.5 libya 0.4 peru 0.1 yemen 2 others 33 indigenous production trinidad tobago 0.6 libya 1 nigeria 2 qatar 6 algeria Changes in stocks** 9 Others balances 2012 Total net supplies 0.5 peru 0.4 egypt 2 others 33 % Change 2012/2011 AUSTRIA % BELGIUM % BULGARIA % CROATIA % CYPRUS CZECH REPUBLIC % DENMARK % ESTONIA % FINLAND % FRANCE % GERMANY % GREECE % HUNGARY % IRELAND % ITALY % LATVIA % LITHUANIA % LUXEMBOURG % MALTA NETHERLANDS % POLAND % PORTUGAL % ROMANIA % SLOVAKIA % SLOVENIA % SPAIN % SWEDEN % UNITED KINGDOM % EU % % Change 2012/2011-7% -7% 11% -4% -27% 6% -97% -36% -2% SWITZERLAND % TURKEY % Units: terawatt hour (gross calorific value). Note: Figures are best estimates available at the time of publication. * Including net exports. ** (-) Injection / (+) Withdrawal. For Austria, the Norwegian volume for 2012 was left unchanged from 2011 due to unreliable data. Natural gas supplies (or inland consumption calculated) are defined as: indigenous production + imports - exports + stock changes. indigenous production russia 24 russia norway 22 norway 6 EUROGAS

9 LNG 5 imports Factors such as the drop in gas demand and the strong competition for LNG in the global market, especially from Japan, led to a decrease in LNG imports in LNG Supplies in EU-28 and Turkey, 2012 TWh LNG net imports % change 2012/2011 BELGIUM % FRANCE % GREECE % ITALY % NETHERLANDS 9.5 1% PORTUGAL % SPAIN % UNITED KINGDOM % EU % TURKEY % Units: terawatt hours (gross calorific value). Compared with 2011, LNG supplies in the EU decreased by 28% in 2012 to 632 TWh. Qatar remained Europe s leading LNG provider with a share of 45% in the EU LNG imports. LNG IMPORTS to EU-28, TWh GCV In 2012, 18% of the EU s net imports was made up of LNG, which is back to the level of Breakdown of EU-28 LNG Supplies, 2011 and 2012 yemen peru norway 5 egypt 5 trinidad tobago oman 0.1 libya others egypt peru trinidad tobago 5 norway others algeria qatar 45 qatar algeria 17 nigeria 18 nigeria 17 Net Imports to EU-28 from non-eu countries by Type of Transport, 2011 and lng 18 lng pipelines 76 pipelines 82 The EU LNG regasification capacity has more than doubled in the past five years. In 2011, the first Dutch LNG import terminal went into operation and its regasification capacity grew from 9.4 bcm in its first year to 12.7 bcm in The 19 LNG terminals in the EU in 2012 provided a total nominal regasification capacity of 191 bcm 1 (or about TWh) per year of gas. With lower LNG imports the average utilization rate of regasification terminals dropped in Source: IEA Natural Gas Information, Statistical Report

10 Storage 6 facilities The figures show natural gas storage facilities for peak shaving, seasonal variations and strategic security of supply. Natural Gas Storage in the EU-28, Switzerland and Turkey, at 1 January 2013 Number of storage facilities Maximum working volume * Maximum withdrawal capacity ** AUSTRIA BELGIUM BULGARIA CROATIA CYPRUS CZECH REPUBLIC DENMARK ESTONIA FINLAND FRANCE GERMANY GREECE HUNGARY IRELAND ITALY LATVIA LITHUANIA Number of storage facilities Maximum working volume * Maximum withdrawal capacity ** LUXEMBOURG MALTA NETHERLANDS POLAND PORTUGAL ROMANIA SLOVAKIA SLOVENIA SPAIN SWEDEN UNITED KINGDOM EU SWITZERLAND TURKEY * Units: million cubic metres. ** Units: million cubic metres per day. Natural gas 7 industry in figures As of 1 January 2013 Total length of pipelines (in kilometres) Number of gas customers (in thousands)* Number of employees Number of natural gas vehicles** Gas power generation capacity installed (in megawatts) AUSTRIA BELGIUM BULGARIA CROATIA CYPRUS CZECH REPUBLIC DENMARK ESTONIA FINLAND FRANCE GERMANY GREECE HUNGARY IRELAND ITALY LATVIA LITHUANIA LUXEMBOURG MALTA NETHERLANDS POLAND PORTUGAL ROMANIA SLOVAKIA SLOVENIA SPAIN SWEDEN UNITED KINGDOM EU SWITZERLAND TURKEY n/a * Number of gas customers are counted by number of meters, and include domestic as well as non-domestic (industrial, commercial and other) customers, except Germany for which the number of domestic customers is equivalent to the number of dwellings supplied with natural gas for heating. ** Eurogas and NGVA Europe. Note: Figures are best estimates available at the time of publication; n/a: not available. 8 EUROGAS

11 Natural gas 8 reserves Global gas and oil reserves by region, natural gas oil % 4% 6% 8% 8% 29% 43% Western Europe South & Central Amercia North America Africa Asia Pacific C.I.S. Middle East 1% 20% 13% 8% 2% 8% 48% Total proved reserves at end 2012: 187 tcm * Commonwealth of Independent States Total proved reserves at end 2012: billion barrels Global reserves-to-production ratios of gas vs oil (years) 3 The reserves-to-production (R/P) ratio represents the length of time the remaining discovered reserves would last if production was to continue at the same level of that year, and if no new reserves were to be discovered years In 1992, the R/P ratio for gas was about 58 years, and for oil 43 years. By 2012, the gas R/P ratio had only slightly decreased to 56 years for gas and increased to 53 years for oil. This reflects the fact that the discovery of gas has kept pace with the production and use of gas Unconventional gas, estimated global resources New production techniques mean that unconventional gas can now be produced from shale, coalbed methane (CBM), and other tight formations (natural gas in low permeability rock). It is difficult to predict the additional reserves that will come from recoverable unconventional resources as there are currently no reliable industry estimates. It is expected that recoverable resources will be many times higher than those from the reserves referred to in the figures above. recoverable resources by region, tcm OECD Europe Eurasia and Eastern Europe 144 OECD North America Middle east 125 CBM Tight Gas Shale Gas Conventional Gas Asia / Pacific Africa Latin America tcm of resources worldwide (Conventional resources: 58.5% Shale gas: 25.3% Tight gas: 10.3% CBM: 5.9%) Worldwide, with unconventional gas, gas resources lifetime is estimated at 250 years. Source: IEA International Energy Agency: World Energy Outlook November Source: BP Statistical Review of World Energy June Source: BP Statistical Review of World Energy June Statistical Report

12 Expectations 9 for 2 13 Gas demand across the European Union is expected to remain relatively stable in 2013 compared with 2012, according to the latest forecast from Eurogas. An increase in demand of 2.6% was recorded in the first half of 2013 compared with the same period in These latest estimates are the result of an annual survey covering 90% of the EU gas market that was carried out by Eurogas in September 2013 among its members. According to Eurogas, the slight increase in EU gas demand that was recorded for the first six months of 2013 can be attributed to the long winter and low temperatures. Across the EU, such colder than usual weather conditions, particularly in March and May 2013, led to an increase in gas consumption for heating. However, even if the exceptionally long winter raised gas demand, other factors have continued to negatively affect demand. While industrial production showed signs of recovery in some Member States, important cross-country differences persisted and gas demand from the industrial sector only registered a limited increase in the EU as a whole. Outlook for the rest of 2013 Early indications from the Eurogas data suggest that gas demand in Europe is likely to remain stable throughout 2013, registering a slight increase of 1% compared with Despite this small increase, demand in the second half of 2013 will remain under pressure as gas use in the power sector is expected to remain weak. This issue, coupled with the still sluggish economic recovery across the EU, will have a detrimental impact on gas demand during the rest of With regard to heating demand, forecasts for the second half of the year using normal weather conditions do not point to any significant increase. On this basis, taking 2013 as a whole, gas demand would correspond to an EU-28 and Switzerland annual consumption of about terawatt-hours or 478 billion cubic metres. Gas use in power generation has continued to slide as a result of unfavourable market fundamentals. The low coal price and a weak carbon price continued to favour coal generation. The effects of the economic crisis and poor growth continued to result in weak final power demand. In addition, the growing share of electricity produced from renewables and a relatively high hydroelectricity production also reduced the demand for gas in power generation. Such factors are still expected to influence demand in the second half of the year. 10 EUROGAS

13 The European natural gas grid in 2 13 Snøhvit Pipelines integrated in the European system existing under construction, projected or planned Reykjavik Other pipelines existing under construction, projected or planned natural gas fields Asgard Heidrun Liquefied natural gas (LNG) LNG receiving terminal in operation LNG receiving terminal under construction or projected liquefaction plant Statfjord Brent Frigg Heimdal Gullfaks Troll Oslo Helsinki Finngulf Tallinn Wyborg Sleipner Britannia Draupner Lysekil Stockholm Nynäshamn Paldiski Moscow Riga Dublin Morecambe Teesside Ekofisk Tyra Copenhagen Swinoujscie Klaipéda Vilnius Minsk Milford Haven Groningen Bacton Gate London Zeebrugge Isle of Grain Essen Dunkerque Brussels Berlin Warsawa Kiev Paris Prague Montoir Bern Munich Vienna Bratislava Budapest Chisinau Lisbon Sines Ferrol Gijon Madrid Bilbao Sagunto Mallorca Fos Faster Fos Barcelona Tonkin Fos Cavaou Milan Monaco La Spezia Livorno Rome Ljubljana Zagreb Zaule Rovigo Krk Sarajevo Brindisi Belgrade Podgorica Tirana Skopje Sofia Bucharest Aegean Istanbul Marmara Ereglisi Ankara Tiflis Ibiza Huelva Cartagena Aliaga Izmir Kilis Aleppo Algiers Tunis Porto Empedocle Athens Revithoussa Nicosia Homs Rabat Vallelta Vassilikos Beirut Damascus Tel Aviv Amman Tripoli Cairo Statistical Report

14 Appendix Definitions and Units The gross calorific value (GCV), or higher heating value, measures the total (maximum) amount of heat that is produced by combustion, including latent heat before combustion or generated in the combustion process. The net calorific value (NCV), or lower heating value, excludes this latent heat. Natural gas in international trade is usually measured on the basis of GCV. Modern technologies in gas combustion are able to capture the latent heat of condensation. But since the most current technologies for other fossil fuels are still not able to recover the latent heat, NCVs need to be used rather than GCVs when building an energy balance. Natural gas data presented in million tonnes of oil equivalent (Mtoe) is expressed as NCV. For natural gas, the NCV is 10% less than the GCV. Natural gas sales and supplies are stated in terawatt hours (TWh) because of different national gas qualities. The data is provided in GCV. When the Eurogas data is converted into billion cubic metres (bcm), we advise you to use an assumed energy content of 1 million cubic metres (mcm) of natural gas of 10.8 kilowatt hours (kwh) (GCV), which implies that 1 TWh equals approximately 92.6 mcm of natural gas. This corresponds closely to the weighted average heat content of all natural gas that is sold in the EU. Conversion factors Units glossary bcm billion cubic metres GJ gigajoule GWh gigawatt hour kwh kilowatt hour MBtu million British thermal units mcm million cubic metres Mtoe million tonnes of oil equivalent MWh megawatt hour m³ cubic metres Pcal petacalories PJ petajoule TWh terawatt hour toe tonnes of oil equivalent tcm trillion cubic metres General conversion for units of energy and volume 1 Mtoe = 10 Pcal PJ (NCV) = TWh (NCV) 1 cubic metre (m³) cubic feet (cf) 1 mcm of LNG 593 mcm of gas Eurogas conversion factors from volume to energy units 92.3 mcm gas 1 TWh (GCV) 1 m³ of natural gas 39 MJ (GCV) = 10.8 kwh (GCV) Common conversion factors from gross to net calorific value Natural gas: NCV 0.9 GCV Oil: NCV 0.95 GCV Solid fossil fuels: NCV 0.97 GCV Equivalents 1 gigawatt hour 10 6 kwh (GWh) 1 megawatt hour 10 3 kwh (MWh) 1 petawatt hour kwh (PWh) 1 terawatt hour 10 9 kwh (TWh) Heat unit equivalents GJ kwh MBtu th therm 1 Gigajoule (GJ) kilowatt-hour (kwh) Million British thermal units (MBtu) thermie (th) therm EUROGAS

15 Eurogas is the association representing the European gas wholesale, retail and distribution sectors. Founded in 1990, its members are some 50 companies and associations from 26 countries. Eurogas represents the sectors towards the EU institutions and, as such, participates in the Madrid Gas Regulatory Forum, the Gas Coordination Group, the Citizens Energy Forum and other stakeholder groups. Its members work together, analysing the impact of EU political and legislative initiatives on their business and communicating their findings and suggestions to the EU stakeholders. The association also provides statistics and forecasts on gas consumption, as well as information on energy taxation in Europe. For this, the association can draw on national data supplied by its member companies and associations. Figures from this report may be used, provided that reference is made to Eurogas as the source. Eurogas, December 2013 All rights reserved.

16 Objectives of Eurogas To help improve knowledge of natural gas, of its performances and of its use; To promote the development of natural gas in Europe particularly in the legal, economic, technical and scientific areas, to prepare studies and to promote cooperation within the gas industry; To promote the smooth functioning of the European internal gas market and to take stance on issues of interest to the European natural gas industry with respect to international and supranational organisations including but not limited to the European Institutions and to public opinion. EUROGAS Avenue de Cortenbergh, 172 B-1000 Brussels T design by

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