LNG

Enagas, the Spanish natural gas network owner and operator of LNG terminals, posted 2.3 percent higher nine-month net profits of 333.1 million euros ($371M) as demand for natural gas in Spain reached its highest level in 10 years.

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.

European liquefied natural gas terminal stakeholders and network operators in Spain, Italy and Belgium have completed their acquisition of majority control of the Greek gas grid operator DEFSA, sold in a tender by the government privatization agency.