In 2003 RWE took 100% control, after Thyssengas sold its refineries and petrol stations to Shell and now focusses on exploration and extraction of oil and gas.

Viag used to own 50% of Thyssengas, but divested its interest in 1998 (Viag/PREL98doc). The new shareholding was as follows:
RWE 50 %;
Esso 25 %;
Shell 25 %.

"A significant rise in natural gas sales volumes was offset by a decline in earnings. Natural gas sales volumes rose 2.5% to 66 bn kWh. By contrast, natural gas recorded a mere 0.4% in growth nationwide.

The private household and commercial sectors reported a substantial sales increase. Industrial deliveries recorded a slight rise. Only sales to municipal power plants decreased. For the first time in its history, Thyssengas sold spot volumes on the British market".
(www.thyssengas.de; RWE/Thyssengas.doc)

Geschäftsführung: Christian Heinrich
Bernhard Witschen