Enagás

Enagás is a Spanish company that owns and operates the country's gas grid, and has liquefied natural gas regasification terminals in several cities. The company was originally founded by the Spanish government in 1972 and was later privatised in 1994, with Gas Natural acquiring a controlling stake. Enagás demerged from Gas Natural in 2002 and since then, Gas Natural has gradually decreased its stake. The state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI) holds 5% of Enagás.