Verbundnetz Gas AG - Company Profile
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Verbundnetz Gas AG (VNG), a subsidiary of EnBW Energie Baden-Wurttemberg AG, is an integrated energy company, which explores, stores, transports, and trades natural gas in Germany and other European countries. Strong market position and strong trading & sales division are its strengths, even as private ownership could be a cause for concern. Nevertheless, increasing refining capacity, growth initiatives, and global ammonia industry could provide adequate growth opportunities to the company. However, fluctuations in oil and gas prices, intense competition, and stringent regulations could affect its operations.
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