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Our business

Focused on the gas market to deliver highly specialized and customized solutions that meet its customers’ energy needs.


UFG is present throughout the natural gas value chain, from supply at source to the processes of liquefaction, shipping, regasification and commercialization.

Liquefaction
LIQUEFACTION

UFG is active in natural gas liquefaction through its interest in the processing and production plants at Damietta, in Egypt, and at Qalhat in the Sultanate of Oman.

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UFG participates in the DAMIETTA and QALHAT liquefaction plants
Shipping
SHIPPING

UFG's fleet consists of two modern LNG carriers, the Galicia Spirit and the Cadiz Knutsen, with capacities of 140,500 m3 and 138,000 m3 of LNG, respectively.

Both ships are long-term "time chartered", for 25 years

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A modern methane tankers fleet: GALICIA SPIRIT and CADIZ KNUTSEN
Regasification
REGASIFICATION

UFG is also taking part in the regasification stage of natural gas. The Company has agreements for sufficient capacity for production and storage in the terminals located in Spain.

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Contracted production and storage capacity in Spain
Commercialization
COMMERCIALIZATION

UFG markets natural gas in two distinct spheres: National (Spain) and International.

In the international market, through its trading unit, it actively participates in the marketing of gas on the major global gas markets. In Spain, through its subsidiary (100%), Unión Fenosa Gas Comercializadora (UFGC), it supplies gas to the electricity generation (combined cycle power plants) and industrial sectors. It also has an indirect presence in the domestic-residential sector through other marketing agents.

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UFG markets natural gas in Spain: power generation, industry and residential-small businesses.
Business Development
BUSINESS DEVELOPMENT

UFG through its affiliate (Union Fenosa Gas Exploration and Production) holds a 58.8% stake in the VIURA Project, located within the research permits Cameros-2 and Ebro-A (La Rioja-Spain). UFG is also involved in the search and exploration of natural gas resources worldwide.

UFG is carrying out domestic and international exploration and production activities.

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UFG is also involved in the search and exploration of natural gas resources worldwide.