Gas & LNG Marketing and Power
Eni operates in the Spanish gas market through Unión Fenosa Gas (UFG) joint venture (Eni’s interest 50%) which mainly supplies natural gas to industrial clients, wholesalers and power
generation utilities. In 2017, UFG gas sales amounted to 3.92 bcm (Eni’s share 1.96 bcm). UFG holds an 80% interest in the Damietta liquefaction plant, on the Egyptian coast, and a 7.36% interest in a liquefaction plant in Oman. In 2017, total sales in the Iberian Peninsula amounted to 5.06 bcm, a decrease of 0.22 bcm, or down by 4.2%.
Refining & Marketing
The Eni Group has been present in Spain since 2001 selling lubricants but since 2013 it has started to redistribute fuel, after the failure of the no-competition commitment with Galp, which had been stipulated the moment the network and extra-network activities ceased in Spain and Portugal in 2008. Eni Iberia, with a workforce of 74 employees, has a lubricant blending & filling plant in Gavà, with a production capacity of about 50 k tonnes. The structure is highly flexible and is third for its production of lubricants in the Country. The estimated market share for these products is about 6.5%. Sales of lubricants exceeded 38 k tonnes in 2017. Sales of fuel oils and fuel quickly exceeded the share of 1% with a network of sales representatives covering 80% of the Iberian peninsula (except for the Canary and Balearic islands).