LNG

Feb 7 (LNGJ) - Spanish LNG import terminal owner and network operator Enagas posted net profits of 364.6 million euros ($480M) , a rise of 9.3 percent on the previous year. Figures for 2011 included the 40 percent proportionate consolidation of the BBG regasification terminal in Bilbao, 40 percent of the new Enagas stake in the Altamira LNG import terminal in Mexico. Spanish domestic natural gas usage rose, but demand from gas-fired power stations declined because of adverse economic conditions, Enagas said.