Natural gas €42m investment

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NATURAL GAS is to invest over €42 million in the next five years in the Balearics in order to enable the facilities to provide service in 25 municipalities of the islands.

This would service more than 118,000 potential customers.

The company said the investment is intended to enhance the service in the Balearic Islands and offer an energy supply which is “clean, economical and efficient.” The Government has said it welcomes these gasification projects in the Balearics and has highlighted the environmental and economic benefits of natural gas.

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The Regional Ministry of Economy and Competitiveness has said that shortly they will begin a process of public competition which is open to all companies that want access to gasify a territory.

This will allow natural gas companies to be more competitive in the Islands and more environmentally sustainable.




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