The company’s earnings before interest and taxes grew 7.8% to E219.1 million in the first half of 2008, compared to E203.1 million for the first half of 2007. Enagas reported that earnings before interest, taxes, depreciation and amortization totaled E317 million, 6.3% higher than E298.2 million for the first half of 2007.
Enagas’s investment for the first half of 2008 amounted to E365.8 million, while E394.5 million worth assets were brought onstream during the same period. Enagas’s investment for the past 12 months amounted to E700 million.
Enagas stated that demand for gas transported in its system for the first six months of 2008 grew 17.2% to 232,924GWh, compared to the same period in 2007.
