Naturgy predicts 2023 “will not be an easy and calm year” for the energy sector

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“It won’t be a year easy nor calm”. guess of the president improvisation, Francisco Reynes2023 is the year the energy company aspires to repeat its 2022 profit record. petrol hike Taken from the Ukrainian war. This was quoted by Reynés in his speech before the court. general assembly of shareholders, This Tuesday in Madrid there are no surprises and the owners of the gas company re-elected as president for next four years This is Naturgy’s second phase of management, following his departure from Naturgy and his appointment in 2018. isidre faine.

The head of the energy company said the company had a “moderate” growth between network business In Spain, through further investment and digitalisation, and “related actions”, with a “lagged compared to European demand” increase in demand in Latin America. Inside free market said uncertaintybut they work “intensively” stabilize gas supply conditions and “adapting to market conditions”. In this brief analysis, he split the company like a sleeper. twins projectIt was not mentioned in the Board.

Regarding energy prices, Reynés warned it was “too early” to make any level estimates for the coming months, but this year “Volatility and Uncertainty”. Asked by one of the shareholders in the hall, “Anyone who analyzes the price of the gas, oil or electricity futures market will see that the development changes from day to day,” said Naturgy in any case, “He is more prepared.”

After last year the company has enough money “keep investing and don’t miss any opportunity“. “The company has sufficient liquidity If the company is interested, there were projects on which to meditate”, stated the head of the energy company. The priority of resource allocation will be allocated to three axes: “ investmentwith give back to shareholders and society in general Using surpluses to reduce debt“.

energy poverty

All shareholders participating in the meeting, energy poverty. One of them — María Campuzano Guerra — raised the possibility canceling the accumulated debts of the most vulnerable families unable to cope electricity and gas bills and who is it now conserves supply due to prohibition of supply disruptions Temporarily imposed by the Government since the pandemic. Beyond defending its commitment to energy poverty, the company did not provide a direct answer to the question “within the law.”

Another shareholder — Juan Carlos Lage López — issue, Canadian Real And power cut “Since October 2, 2020”. The head of the company limited the problem as follows: part of the neighborhood, sub-sectorthere are only two people registered in the electricity network and the supply is cut off due to a fault. technical constraints issue At the request of Red Eléctrica. “Just as any of us skips leads if we have a higher consumption than we’re contracted for, what jumps in protections,” Reynés said.

On the other hand, another shareholder and former customer of the company, Mari Carmen Gomez Perezcomplained of “corruption” by being deprived of energy rights by the company after informing the company that due to his condition (400 euros monthly income) he could not pay. Reynés apologized to the victim and added that the company is run by “people with heart, soul and who want the best for everyone and will do anything possible so that everyone can have what they have”.

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