The BBL was developed and operated by the BBL Company. The main shareholder of the company is Gasunie with 60% of the shares, and Enagas and Fluxys both own 20%. Russian Gazprom had an option for 9%, in exchange for a 9% share of Nord Stream AG. The BBL Pipeline would allowGazprom to supply additional gas to the British market through the Nord Stream 1 pipeline.