EDP has a relevant presence in the gas sector in the Iberian Peninsula, through Naturgas in Spain, the second largest operator in the Spanish market, and through EDP Gás in Portugal, the second gas distribution company in Portugal.
EDP is present in the gas business in Portugal through EDP Gás, the country's second largest natural gas distributor. EDP entered the capital of EDP Gás (formerly known as Portgás) by the end of 2004 and nowadays owns 72% of the company.
EDP operates in the gas business in Spain through Naturgas Energia, an energy sector group that operates in the gas transmission and distribution activities and that supplies gas to particular and corporate clients at competitive prices. The gas transmission and distribution are regulated activities, while the gas supply is a liberalized activity.