WATCHING THE WORLD VYING FOR GERMANY'S GAS MARKET
With David Knott from London If the European natural gas market is ever liberalized, one of the catalysts will have been Wintershall AG, Kassel, Germany. This small oil and gas company is being backed by parent BASF AG to force a way into a German market dominated by Ruhrgas AG. Wintershall set itself the target of taking a 10% share of the German gas market within this decade, rising eventually to 15%. This would require domestic sales of 12-15 billion cu m/year.