LNG

Supplies of liquefied natural gas as a maritime fuel for vessels passing the Strait of Gibraltar and the development of infrastructure were considered at a European Union-backed meeting at the Spanish port of Algeciras.

Enagas, the Spanish gas network owner and LNG terminal operator, posted a more than 7 percent drop in first-quarter revenues as it reported progress on the Trans Adriatic Pipeline connecting Turkey with Italy via Greece and Albania and reflected on a US acquisition.

Enagas, the Spanish natural gas network owner and LNG terminals operator, reported firm profits and the 85 percent completion of Trans Adriatic Pipeline, part of Europe’s Southern Gas Corridor.