With a daily transportation capacity of 42 Mm3, NGT is one of the three major pipeline systems, connecting the offshore gas fields of the Dutch and UK sectors to the Dutch Gas Transport Services network.
NGT provides gas producers with access to pricing at the Dutch Title Transfer Facility (TTF) and access to export markets on the European continent and the UK. Other shareholders of NGT are Pension Danmark, GDF SUEZ, XTO and Rosewood.
Vincent Levita, Founder and CEO of InfraVia stated:
The Netherlands have developed over the years an attractive gas policy framework and we believe that NGT is well positioned to benefit from the continuous development of the North Sea gas reserves.We are pleased to invest alongside GDF SUEZ in this high quality infrastructure and to provide our investors with geographic and sector diversification. Our investment in NGT is a clear illustration of our strategy to invest in midcap European infrastructure assets alongside industrial partners and we look forward to working with the management team and the other shareholders of NGT on the further development of the pipeline as a pivotal natural gas infrastructure in the region.