Europe's Top LNG Plant Operator Wants to Move Into Ammonia, CO2 [Financial Post (Toronto, Ontario, Canada)]
ENAGAS SA UNSP/ADR (ENGGY)
NASDAQ:AMEX Investor Relations:
enagas.es
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Source: Financial Post
diversify away from natural gas distribution and into markets that will gain importance with the energy transition. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Enagas SA, Europe's largest LNG terminals operator, is planning to enter the business of processing ammonia and CO2, as it seeks to gradually diversify away from natural gas distribution and into markets that will gain importance with the energy transition. “We intend to include in our strategic update, which will be presented within this year, our participation in the CO2 and ammonia businesses from the infrastructure point of view,” Chief Executive Officer Arturo Gonzalo said in an interview in Madrid. Article content Article content The move is part of the Spanish company's effort to capitalize on its large gas infrastructure to create new sources of income linked to clean energy and carbon-emissions reduction, as profits from
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News
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