We are a major operator in the Spanish natural gas sector. In this sector we carry out our activity through Endesa Gas and Endesa Generación for regulated activities, and Endesa Energía in the deregulated market.
Deregulated gas market
In 2015 we sold 71,587 GWh to customers in the natural gas market, down by 3.7% from 2014.
In economic terms, revenues from gas sales stood at €2,378 million, €484 million less (–16.9%) than in 2014 due to the decrease in physical sales and in average sale price.
Regulated gas market
We hold interests in gas transport and distribution companies. Specifically, we own a 47.18% stake in Compañía Transportista de Gas Canarias, S.A. (Gascan) which is developing two LNG reception, storage and regasification plants in the Canary Islands. Each has the capacity to store 150,000 m3 of LNG and a regasification capacity of 150,000 m3(n)/h (1.31 bcm/year) of natural gas.
Furthermore, we own 100% of Gasificadora Regional Canaria, which distributes gas (propane air interchangeable with natural gas) on the island of Tenerife.