MIBGAS (Gas Iberian Market) and IBGH (Iberian Gas Hub) companies have agreed to merge into a Group that will operate in the secondary gas market in Spain. After their integration, MIBGAS will continue developing the organized gas market, as it is doing from last December when it started its operational activity.

Meanwhile IBGH will continue with the market activities that has developed over the past four years, which made IBGH the reference agent in the OTC market (Over the Counter), becoming specialized in logistic flexibility products, in brokering the sale of natural gas (GN) and liquefied natural gas (LNG), as well as providing services to the gas system operators.