Strong interest in the DONG Energy Gas Release Auction
DONG Energy today completed its fifth annual gas release auctionDONG Energy today completed its fifth annual gas release auction of 400 million cubic metres of natural gas – equivalent to 10% of the Danish gas market. As in the four previous auctions, all of the natural gas offered was sold. The auction is based on DONG Energy’s “Two-Way Gas Release” concept, in which DONG Energy delivers natural gas in Denmark to the company’s competitors and, in return, receives corresponding gas volumes in other European gas markets - in Germany, Belgium, the Netherlands and the UK. "There is a strong