First volumes of gas for foreign customers were transported in 1968 via Bratstvo pipeline, which is currently own by SPP - distribucia and use for purposes of national gas supplies. International system for gas transmission via Slovakia to western european countries (ancestor of Eustream) is in operation since December 1972. Transmission system has been continuously upgraded in line with the growing demands of the European gas market.
The long history of gas transmission through Slovakia is also reflected in the development of our brand name.
The opening ceremony for the International Gas Pipeline ‘Brotherhood’ was held in June 1967. This pipeline, which is a part of the Slovak gas distribution system today, was used for transporting the first deliveries of gas from Russia to Austria in 1968.
On 21 December 1970, an intergovernmental agreement on gas transmission through Czechoslovakia was signed by the USSR and Czechoslovakia. This was the starting point for international gas transit through Czechoslovakia and the subsequent construction of several parallel transit pipelines.
The first transit line started operations on 28. December 1972.
On 1 January 1993, Czechoslovakia disintegrated as a political union and the Czech Republic and the Slovak Republic emerged as independent states. As a consequence, the Czechoslovak gas transmission system was also split. Gas transmission services in the Slovak territory were incorporated into the business activities of Slovensky plynarensky priemysel, s.p., a fully state-owned enterprise. For this purpose, a rather autonomous organizational unit named “Slovtransgaz“ was established under Slovenský plynárenský priemysel.
Slovenský plynárenský priemysel, a.s. (SPP) was established by transformation of the state-owned gas company into a joint-stock company.
The Slovak state sold a 49% share (incl. management control) in SPP to strategic investors – German E.ON Ruhrgas and French GDF Suez. The shareholders of Slovenský plynárenský priemysel, a.s. became the National Property Fund of Slovakia (51%) and Slovak Gas Holding (49%) – a consortium of E.ON Ruhrgas and GDF Suez.
In response to legislative requirements (“legal unbundling“), SPP-preprava, a.s. was established and started operations as an independent transmission system operator on 1 July 2006.
At the beginning of 2008 the company SPP – preprava, a.s. was renamed to eustream, a.s. This step is fully in compliance with the regulatory policy of the European Union as it means the complete separation of branding strategies for transmission activities and the trading activities of vertically integrated gas companies.
Reverse gas flow from Austria to east of Slovakia.
Strategic investors – German E.ON Ruhrgas and French GDF Suez, sold 49% share (incl. management control) in SPP to the company Energetický a průmyslový holding, a.s. (EPH). The shareholders of Slovenský plynárenský priemysel, a.s. remain the National Property Fund of Slovakia (51%) and Slovak Gas Holding (49%) owned by company Energetický a průmyslový holding, a.s.
On 22 November 2013 the Ministry of Economy designated Eustream as an ITO. Approval of ministry followed the decision issued by national regulator (Regulatory Office for Network Industries) on 28 October 2013. Certification decision verified compliance of Eustream with requirements of independency within a vertically integrated gas undertaking.