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Venezuela also has 150 trillion cubic feet (4.2 × 10 12 m 3) of natural gas reserves. The crude oil PDVSA extracts from the Orinoco is refined into a fuel eponymously named 'Orimulsion'. [12] PDVSA has a production capacity, including the strategic associations and operating agreements, of 4 million barrels (640,000 m 3) per day (600,000 m 3).
REN - Redes Energéticas Nacionais, SGPS, S.A. (formerly Rede Eléctrica Nacional S.A.) is a Portuguese energy sector company which is the current concession holder of the country's two main energy infrastructure networks: the National Electricity Transmission Grid (RNT) and the National Natural Gas Transportation Grid (RNTGN).
Petróleos de Portugal - Petrogal, S.A. and its subsidiaries carry out activities in the area of crude oil refining and marketing. Galp Gas & Power SGPS, S.A. and its subsidiaries operate in the natural gas, electricity and renewable energy sectors.
Portugal has the Sines LNG import terminal to facilitate gas imports. There are three LNG storage tanks with a total capacity of 390,000 cbm and a regasification capacity of 5.6 mtpa. [ 6 ] In 2021 Portugal imported 2.8 billion cubic meters of LNG from Nigeria, being almost 50% of the country's gas imports for the year.
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The Portuguese Natural Gas Association, founded in December 2010, is a non-profit association, based in Lisbon, Portugal. Its bylaws define AGN as a scientific , technical and professional association , establishing itself as the representative body for the sector.
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