Example Text
The gas market
The value chain
The value chain of natural gas is composed of a number of agents with differentiated activities, some of which are regulated by the state.
| Producer | Realizes the exploration, research and exploitation of hydrocarbon deposits. | Liberalized activities |
| Regasifier | Holder of regasification plants that transforms liquefied natural gas transported on ships and enter it into the system. | Regulated activity |
| Underground storage | Holder of natural gas storage facilities of gaseous nature. | Regulated activity |
| Carrier | Owner of the backbone and secondary infrastructure for natural gas distribution in the Spanish territory. | Regulated activity |
| Distributor | Owner of the natural gas distribution infrastructure linking the transport system with the points of consumption. | Regulated activity |
| Marketer | Realizes the purchase of natural gas from producers for subsequent sale to consumers. Makes use of the national gas company system to deliver gas to the consumption points. | Liberalized activities |
What implications does the liberalization of the gas market have?
Full liberalization of the gas market in Spain occurred on July 1, 2008, which marked a turning point from which the consumer could choose the natural gas supply company (Marketing company), offering better provision regardless of the region.