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RAG’s history goes back over 75 years.

Rohöl-Aufsuchungs Aktiengesellschaft (RAG) is Austria’s oldest oil and gas company. Its core areas of business are oil and natural gas exploration and  production, and gas storage. A joint venture between RAG, Gazprom and Wingas operates the Haidach gas storage facility, and another, with E.ON Gas Storage, runs the 7Fields storage facility. Both facilities straddle the border between the provinces of Salzburg and  Upper Austria. Through its own storage capacity and its role as an operator, RAG plays an important part in the security of supply for Austria and the whole of Central Europe. Our storage capacity now totals 5 billion cubic metres, and a further billion cubic metres will be added by 2014. Our activities also include crude oil stockpiling, natural gas trading and transportation, and renewable energy projects. 

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Underground gas storage facilities ensuring security of supply

With the technically operated storage capacity of approximately 5.7 billion cubic meters of natural gas RAG is significantly contributing to the security of gas supply in Austria and throughout Central Europe. Natural gas storage is a core business of RAG. Over 30 year´s experience and extension of its storage facilities have made RAG one of Europe´s leading storage operator. RAG storage facilities are used by national and international customers. With the technically operated storage capacity of approximately five billion cubic meters of natural gas RAG is significantly contributing to the security of gas supply in Austria and throughout Central Europe.

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