LNG

Enagás, the Spanish natural gas operator of six large LNG terminals and with gas assets in other European countries and overseas, reported an increase in first-quarter 2024 earnings even as gas demand in Spain declined because of warmer weather.

Enagás, Spain’s natural gas grid and LNG network operator, reported slight declines in 2022 net profits and revenues after a year of high volatility in the energy markets with the Spanish Gas System operating without halt and Enagás infrastructure helping maintain the security of supply of the European Union.

Enagás, the Spanish natural gas network operator and LNG terminal owner, said its terminals unloaded 190 LNG cargoes in the first nine months of 2020, 4 percent more than in 2019, including 64 shipments in the third quarter as the gas market recovered to pre-Covid-19 levels.

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.

Enagas, the Spanish natural gas network and terminal operator, said gas demand increased last year, led by industrial and commercial consumption as the economy improved, and more than 30 cargoes are scheduled to be received in early 2019 at the main LNG import terminals in Spain.