Enagás Completes Purchase of Additional 20% Stake in Saggas LNG Terminal for EUR30 Million

03:02 AM EDT, 10/30/2026 (MT Newswires) -- Enagás (ENG.MC) completed its purchase of a further 20% stake in Saggas, owner of the Sagunto LNG terminal in Valencia, Spain, from Osaka Gas UK for 30.1 million euros. The Spanish energy infrastructure company said Thursday that the regulatory conditions for the deal signed on July 21 have been met. As such, Enagás now holds 92.5% of Saggas through its subsidiary Enagás Transporte, while Oman's OQ holds the remaining 7.5%. The Saggas terminal has a liquefied natural gas storage capacity of 600,000 cubic meters and a regasification capacity of 1 million normal cubic meters per hour.