July 27 (LNGJ) - Enagás, the Spanish gas grid and LNG terminals operator as well as a shareholder in the Trans-Adriatic Pipeline (TAP), posted first-half net profits of €213.1 million ($251.2M), with greater contributions from subsidiaries while total demand for natural gas in Spain increased by 6.3 percent in the first six months of 2021.
The company said that the contribution to earnings from the US Tallgrass Energy pipelines unit and the TAP represented 40.4 percent of the total. Enagás said that since being commissioned at the end of 2020, the TAP pipeline that links Turkey with Italy through Greece and Albania had delivered 3 billion cubic metres of gas to customers through the end of June 2021.
