Notas de prensa

The General Management Department of Regulated Business at GAS NATURAL FENOSA has appointed Raúl Suárez Álvarez as the new Director of Unión Fenosa Distribución, the multinational energy company’s distribution subsidiary in Spain. Suárez plans to continue the work carried out by the previous Director, Luis Zarauza.

GAS NATURAL FENOSA reached a net profit of 1.347 billion euros in 2016, which is 10.3% lower than the figure for 2015. The result is in line with the set forth in the 2016-2020 Strategic Vision that the multinational presented in May, predicting a net profit of between 1.3 and 1.4 billion euros in 2016 and 2017.

GAS NATURAL FENOSA is set to allocate 4.5 million euros to launch a new Energy Vulnerability Plan across Spain. The goal of the programme is to intensify actions already being undertaken, standardise the management of vulnerable customers and strengthen its collaboration with public administrations and Community Sector entities.

The Maghreb–Europe Gas Pipeline began operating in November 1996, so in 2016 this major infrastructure is now celebrating its 20th anniversary as one of the main gateways for gas coming into Spain.

GAS NATURAL FENOSA closed the sale of its 20% share in the Quintero LNG Plant, Chile, to Enagás Chile, after having received the necessary authorisations. The company Aprovisionadora Global de Energía, S.A. (AGESA), a company split from Metrogas, S.A. (in which GAS NATURAL FENOSA maintains a controlling share of 60.2% through its subsidiaries CGE Gas Natural S.A. And Gas Natural Chile S.A.), closed the deal for 200 million dollars.