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About us
Introduction
Enagás is the Technical Manager of the Gas System and Common Carrier for the high pressure gas network in Spain. Its facilities include almost 9,000 km. of high-pressure gas pipeline over all the Spanish territory, one underground natural gas storage in Serrablo (Huesca) and three regasification plants: Barcelona, Cartagena and Huelva. These plants have a total emission capacity of 4,650,000 m³/hr, and a total storage capacity of 1,437,000 m³ of LNG. Also, in September of 2009, the Company signed the contract for the purchase of the 25% in the regasification plant of Bilbao.
As more out-standing projects, they are the new regasification plant of Gijón and an underground natural gas storage in Yela (Guadalajara).
As a consequence of the important growth in energy consumption and the existing forecasts in Spain, at the beginning of the 70s, Spanish authorities decided to spread the use of natural gas to the entire national territory.
With the objective of creating a network of gas pipelines in the Iberian Peninsula, the Ministry of Industry published a Decree on March 23 1972, creating the Empresa Nacional del Gas (National Gas Company, Enagás, S.A.).
The State considered that it was important to take part in this newly created company through the National Industry Institute (I.N.I.).
In the first years following its creation, Enagás concentrated on carrying out planning analyses and technical studies necessary in order to develop gas infrastructure.
As a consequence of these strategic reports, on November 13 1975, the Official State Gazette published the first Gasification Plan, which included the administrative licence granted to Enagás for the construction of the gas infrastructure network in Spain.
In 1981, Enagás became a part of the National Institute for Hydrocarbons (I.N.H.)
In June 1994 I.N.H. sold 91% of Enagás’ capital to Gas Natural SDG., with the remaining 9% being sold in October, 1998.
Moreover, and in accordance with the Royal Decree-Law 6/2000 of June 23, Enagás was appointed Technical Manager of the Gas System. Among its main functions, it has the commitment of guaranteeing continuity and safety in natural gas supply and the correct coordination of access points, storage, transport and distribution.
In June 2002, Enagás started to quote in the stock exchange. Law 12/2007, published on 2 July 2007, that modifies Law 34/1998 on the hydrocarbons sector in order to adapt it to Directive 2003/55/EC of the European Parliament and Council of 26 June 2003, on community standards for the internal market of natural gas.
This Law establishes, in addition to the current 5% maximum limit on shareholdings, a 3% limit on the exercise of voting rights. Any physical person or legal entity, involved in the gas sector and those which direct or indirectly participate in its capital over 5% will not be able to exercise voting rights in the Technical System Operator over 1%. These limitations will not be applicable to the direct or indirectly participation corresponding to the public Administration.
In addition, with the objective of strengthening its independence as the Technical System Operator, the Company has separated the activities that it carries out as the Technical Operator of the system from those that it carries out as a carrier and network manager. Therefore, Enagás has created a specific unit responsible for the Technical System Operator.
The Royal Decree Law 6/2009, dated 30 April, designated Enagás the condition of Transmission System Operator for the high pressure gas network.
Copyright 2006 © Enagás S.A. Paseo de los Olmos, 19 28005 Madrid Tlf. (+34) 902 443 700