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.

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Enagas, the Spanish natural gas network operator and LNG terminal owner, posted a third-quarter net profit of 106 million euros ($122.7M) as domestic industrial demand for natural gas edged higher, while it also reported progress on Europe’s Southern Gas Corridor venture.

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UK energy major BP and its partners in the Shah Deniz Consortium announced the start-up of the landmark Shah Deniz II natural gas development in Azerbaijan, including its first commercial gas delivery to Turkey as the starting point for the Southern Gas Corridor to compete with Middle East, North African and US LNG shipments.

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