Natural gas |
|Founded||5th of March 1950|
|Area served||Valcluse, Central Wilassia|
|Key people||Marc Poincaré (CEO)|
|Revenue||₣17.3 billion ($4.5 billion)|
|Operating income||₣1.16 billion ($305 million)|
|Net income||₣722 million ($190 million)|
|Total assets||₣165.6 billion ($43.5 billion)|
|Owner(s)||Government of Valcluse (majority shareholder)|
Gaz National (English), traded as GazNat, is a Valclusian energy company, based in Valence. It is involved in the extraction, distribution and sale of natural gas in Valcluse and central Wilassia. GazNat also has similar investments in the crude oil and petrochemical industries.
It was founded in March 1950 as a state owned enterprise and remained as such until it was floated in 1980. It was partially re-nationalized in 1995 and the government has since remained a majority shareholder.