A leader in the national and international gas business
UFG is one of the top three gas companies in Spain and an important operator in the international LNG markets.
Its operational presence in Spain through three regional offices (Central, with a headquarters in Madrid; North, with a headquarters in Gijón; East, with a headquarters in Valencia) to deal with marketing to the industrial sector. It operates in five regasification terminals within the Spanish market, which, together with the management of its two LNG carriers, provides the company with greater operational flexibility.
KEY FIGURES 2015
UFG obtained a gross operating profit (EBITDA) of 24 million of euros and a consolidated loss of 36.6 million of euros.
Commercial activities in Spain
UFG remained among the three leading operators in the Spanish market, based on data available with total sales of 33,389 million kWh during the year (-19.6%). Sales to electricity generation companies totalled 21,541 million kWh. It should be noted that this value represents a 12.6% fall on the previous year. UFG`sales to industrial customers totalled 10,256 million kWh, representing a fall of 11.6% on the previous year due to portfolio optimisation in response to the reduced availability of gas supplies. The portfolio was therefore reduced to limit spot market purchases that gave rise to higher gas costs. The volume of sales to other gas retailers totalled 1,592 million kWh.
For further information, please download our 2015 Annual Report.