Enagás, the Spanish natural gas grid and LNG terminals operator. posted a 15 percent increase in net profits and said the network of six LNG terminals had saved the country money and confirmed the opening in early 2023 of a seventh and existing LNG export terminal dedicated to European Union supplies.
Enagás, the Spanish gas grid and LNG terminals operator as well as a shareholder in the Trans-Adriatic Pipeline (TAP), reported a 9 percent drop in profit after tax even as LNG activities increased.
Enagás, the Spanish natural gas network operator and LNG terminal owner, said its terminals unloaded 126 LNG cargoes in the first half of 2020, 12.5 percent more than in the same period of last year as gas demand in Spain begins to return to pre-Covid-19 levels.
Enagás, the Spanish natural gas operator and LNG terminal owner, reported an almost 15 percent rise in net profits as it enacted special working measures to keep LNG flowing at its three main regasification terminals.