Enagás announces profit for Q1 2018
Published by Will Owen,
Editor
LNG Industry,
Enagás has achieved a net profit of €103.9 million in Q1 2018.
This figure is 1% higher than Q1 2017, excluding the non-recurring capital gains of €52.4 million reported in January 2017 as a result of the full consolidation of GNL Quintero.
The growth recorded in Q1 2018 is in line with the targets set for the year and is mainly due to two factors: The meticulous control of operating and financial expenses, and the good performance of affiliates, which account for more than 19% of net profit.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24042018/enagas-announces-profit-for-q1-2018/
You might also like
Woodside and PETRONAS eye long-term LNG supply
Woodside Energy and PETRONAS, through its subsidiary PETRONAS LNG Ltd, have signed a non-binding heads of agreement for the supply of 1 million tpy of LNG to Malaysia from 2028 for a period of 15 years.