|Gas companies in spain|
There are five main gas companies in Spain. On most occasions, these companies do not only deal with gas, but also with other energies. Here is the basic information (source: wapedia) and the link to their pages in English.
Compañía Española de Petróleos
Compañía Española de Petróleos or simply CEPSA (Spanish Company of Petroleums) is one of the largest energy companies in Spain, founded in 1929, which operates in several European countries as well as in Algeria, Canada, Morocco, Brazil, and Panama. The company currently produces around 260,000 barrels/day and has a refining capacity in three refineries of 21 million tonnes/year.
CEPSA is also an electricity supplier having a joint-venture with Unión Fenosa that operates a natural gas-fired combined cycle power plant of 750 MW.
Enagás, S.A. (Empresa Nacional del Gas, BMAD: ENG) is a Spanish energy company which owns and operates the nation's gas grid. The firm also owns and operates three liquefied natural gas regasification terminals in the country, at Huelva, Barcelona and Cartagena. A fourth, at the port of El Musel, is currently being constructed and is scheduled to open in 2011. The chairman of Enagás is Antonio Llardén Carratalá and the firm's headquarters are located in Madrid.
The company was founded in 1975 by the Spanish Government with the aim of creating a nationwide network of gas pipelines. After privatisation in 1994, Gas Natural acquired a controlling stake in the company. However since demerging Enagás in 2002, Gas Natural has gradually decreased its stake in the company to 5%, which has been the maximum allowed for any shareholder by the Government after 30 December 2006. The state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI) also holds 5% of Enagás. As of the end of 2007, approximately 70% of the company's shares are on the open market.
Endesa, S.A. (Empresa Nacional de Electricidad, S.A., NYSE: ELE, BMAD: ELE) is the largest electric utility company in Spain and a subsidiary of the Italian utility company Enel. It has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants. Internationally, it serves another 10 million customers and provides over 80,100 GWh annually. Total customers numbered 22.2 million as of December 31, 2004. It also markets energy in Europe. The company has additional interests in Spanish natural gas and telecommunications companies.
Gas Natural SDG, S.A., (BMAD: GAS) is an energy company which operates primarily in Spain but also in such countries as Italy, Mexico, Colombia, Argentina, Puerto Rico and Morocco. Its main interests are the distribution of natural gas in Spain, Italy and Latin America, the generation and commercialisation of electricity in the recently liberalised Spanish market as well as in Puerto Rico, and the management of gas infrastructure.
Gas Natural have approximately 10,000,000 clients and 6,700 employees, of which around 50% work in Spain. The firm is headquartered in Barcelona.
The group's largest shareholders include the Spanish bank La Caixa and oil major Repsol YPF.
Gas Natural is currently in the process of acquiring utility company Unión Fenosa for around €16.8 billion. The deal is expected to close in 2009.
Repsol YPF, S.A., (BMAD: REP) is an integrated Spanish oil and gas company with operations in 29 countries. The bulk of its assets are located in Spain and Argentina, as a result of the 1999 takeover of Argentine energy firm YPF by the Spanish conglomerate Repsol S.A. within the controversial privatisations by president Carlos Menem. It is now the 15th largest petroleum refining company according to the Fortune Global 500 list, employing over 36,000 people worldwide.
In May 2006 Repsol announced it was planning to float between 15% and 20% of YPF's shares on the Buenos Aires Stock Exchange.
Repsol also partners with Honda Racing Corporation to compete in MotoGP under Repsol Honda Team.