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.