VNG AG is a German company headquartered in Leipzig that operates in the natural gas and gas infrastructure sector. It engages in trading and sales, transport, storage, and biogas production through approximately 20 subsidiaries across Germany and Europe. The company forms part of the EnBW group, which holds a majority stake of around 84 percent following a 2025 share acquisition. VNG focuses on secure energy supply and has expanded its biogas activities through acquisitions and partnerships, including a 2025 investment by CVC DIF in its BALANCE subsidiary. It participates in decarbonization initiatives such as green hydrogen and ammonia projects, as outlined in a 2025 memorandum of understanding with Algeria's Sonatrach.
Deals cover a 50/50 PSA for unconventional hydrocarbons, Absheron FID, LNG export options for Haynesville gas, cloud operator appointment and a 10% Baleine stake.
Expands gas deliveries to the German market from 1 Jan 2027; tied to joint hydrogen projects and a cooperation MoU covering green hydrogen and methane reduction.
MoU to explore cooperation on green hydrogen, ammonia projects and methane emissions reduction, building on a 2022 agreement.
