Enagás earns 375.8 million euros in 2022, 6.9% much less resulting from rules


In the midst of the vitality disaster, gross sales overseas and the methane recharge of ships rose by 90% The new regulatory framework has decreased its earnings in Spain

Enagás, the Spanish gasoline supervisor, closed 2022 with a internet revenue of 375.8 million euros, which represents a lower of 6.9% in comparison with a yr earlier. This drop in income is because of the impression of the 2021-2026 regulatory framework, as reported by the corporate to the National Securities Market Commission (CNMV) on Tuesday.

However, Enagás exceeds the target established for the yr 2022 of attaining a revenue of between 380 and 390 million euros, which included the online capital achieve from the sale of the Morelos gasoline pipeline, an operation that’s anticipated to shut within the first 4 months of 2023.

Enagás has underlined having met all of the targets established for the yr 2022 due to the “excessive” diploma of execution of the Strategic Plan since its presentation on July 12.

More exports, extra ship reloading and fewer revenue

2022 was a file yr when it got here to exporting gasoline, by way of France to the remainder of Europe, which was affected by the blockade of Russian gasoline, and recharges to methane tankers rose by virtually 90%.

The firm has highlighted that in a yr of nice volatility within the vitality markets, the Spanish gasoline system has operated “with 100% availability 24 hours a day, day-after-day of the yr” and its infrastructures have been key to safety of provide Spain and the European Union.

Total income amounted to 970.3 million euros, 2.1% decrease than these registered in 2021.

Regulated income on the finish of 2022 amounted to 950.4 million euros, 1.8% much less, because of the software of the 2021-2026 regulatory framework (-45.1 million euros), though this impression has been seen partially offset by the remuneration of audited bills (roughly 38 million euros).

The gross working end result (Ebitda), for its half, reached 797.4 million euros, 10.9%.