One of the three largest gas operators in Spain and with an important international presence
Founded in 1998 in Spain, UFG is active in all the links that make up the natural gas value chain, from the supply at source to the market, through to supply, liquefaction, shipping, regasification and distribution.
Unión Fenosa Gas - Group
Its strategy is based on seeking competitive gas at source and the active participation in all the links of the supply chain. This differentiating approach encourages the creation of value and synergies that give the company greater flexibility and competitiveness.
Similarly, UFG’s gas supplies allow it to maintain a good competitive position in the gas business in Spain.
Internationally, UFG is an outstanding global player in the gas market thanks to its long-term supply contracts, liquefaction infrastructure in Damietta (Egypt) and Qalhat (Oman) and its fleet of LNG carriers (its own under a ' time charter’ regime).
Its active participation in the international LNG market in 2012 resulted in a total volume of sales operations equivalent to 28,200 million kWh, which positions UFG as a major operator in the international market.
UFG is also present in the regasification activity. The Company has agreements for sufficient capacity for production and storage in the terminals located in Spain.
Regarding the exploratory activity in Spain, UFG participates with 58.8% in the Viura Project, within the Cameros-2 (La Rioja) Exploration Permit.