LNG

April 21 (LNGJ) - Gas Natural Fenosa of Spain, one of Europe’s main LNG players with a supply agreement at Sabine Pass in the US, has held its annual shareholder meeting in Barcelona. Chief Executive Rafael Villaseca highlighted the company’s business performance, which was above the average for comparable companies in Europe. Villaseca said that GNF last year obtained 75 percent of its gross earnings from the regulated activities of gas and electricity distribution and the remaining 25 percent from liberalized power generation and natural gas marketing activities. “Gas Natural Fenosa is in an excellent position to capture international growth thanks to its diversified presence, which offers greater exposure to opportunities in the gas wholesale business and new emerging markets,” said the CEO.