Does BBL operate a gas pipeline?

BBL Company operates BBL, a 235-kilometre gas pipeline with an hourly capacity of 20,600,000 kWh/h (Forward Flow) between Balgzand in the Netherlands and Bacton in Great Britain and an hourly capacity of 7,000,000 kWh/h (Reverse Flow) between Bacton and Balgzand.

Who owns BBL gas interconnector?

Enagás has agreed to acquire Uniper’s 20% stake in Dutch BBL, the owner of the 235km long BBL gas interconnector in the North Sea between the UK and the Netherlands. The Spanish natural gas transmission company will pay around €75m to Uniper as consideration. The deal will mark the exit of Uniper from the BBL gas interconnector.

What is oil BBL?

The abbreviation BBL stands for a barrel of crude oil. In the oil industry, an oil barrel is 42 US gallons. Some sources say this abbreviation originated with Standard Oil Co. — the first oil giant in the United States, founded in 1870 by John D. Rockefeller.