Enagás has been the Technical Manager of the Gas System since 2000 and carries out its functions with complete independence from the rest of the Enagás Group’s activities. In compliance with the Additional Provision to the Hydrocarbons Sector Law of 2011, Enagás was spun off in July 2012 into Enagás GTS, S.A.U. and Enagás Transporte, S.A.U.
To ensure the separation of activities, since 2007, Enagás GTS has had a Code of Conduct that complies with the provisions of Article 63 of Law 34/1998 of 7 October on the Hydrocarbons Sector.
Enagás GTS has a Code of Conduct to ensure the separation of the Enagás Group’s activities
The Code of Conduct applies to the members of the Board of Directors and the Executive Committee of Enagás S.A., the workforce of Enagás GTS, S.A.U. and the workforce of Enagás, S.A. and other Enagás Group companies that provide corporate services to Enagás GTS, or which for any reason are affected by the regulations applicable to the separation of activities.
The latest revision of the code was approved on 24 October 2022 by the Board of Directors.
The compliance with the Code of Conduct is reviewed annually to guarantee Enagás GTS’ principles of action
Currently, compliance with this Code of Conduct and other measures adopted by Enagás is analysed on an annual basis to ensure the independence, objectivity, neutrality and transparency of Enagás GTS, safeguarding the separation of activities. The results of the analysis are set out in the “Report on compliance with the Code of Conduct and measures to guarantee the separation of activities and the independence of the Technical Manager of the Spanish Gas System” (GTS Independence Report), issued by the Ethical Compliance Committee.
Enagás GTS has adopted a series of commitments aimed at guaranteeing standards of transparency, consistency, reliability and accessibility in relation to the publication and disclosure of information. The GTS Good Practice Guide sets out these commitments, which include the creation of a Transparency Committee. Its functions include ensuring compliance with the guide, proposing possible improvements to it and analysing requests submitted by the agents.
Requests for further publications and amendments to current publications should be submitted to Enagás GTS for evaluation using the following form.