French owners reorganise Distrigaz Sud operations

Gas distributor Distrigaz Sud, controlled by Gaz de France, separated its gas distribution operations from its supplying operations at the end last week. All the company’s activities are now divided into ten regional branches, five involved in supplying and five in distribution of natural gas, instead of 11 units. All the areas covered by Distrigaz Sud will be divided into five areas of interest where operations will be restructured into two divisions: distribution and supply. The management of Distrigaz Sud sees the separation of activities within the newly established regional centres as a step taken in preparation for July 1, 2007, when the separation of distribution and supply must be done both from a legal and an accounting standpoint.