The Board of Directors is in charge of governing and managing the Company. It is made up of a Chairman, Vice-Chairman and seven Directors. The number of representatives from each shareholder is proportional to the participation in the project.

	Fernando Maravall			Nabil Khireddine
	Chairman			Vice-Chairman
	CEPSA			SONATRACH
	Noureddine Abdellaoui			Djallal Farid
	SONATRACH			SONATRACH
	Enrique Iglesias			Julio Castro
	CEPSA			IBERDROLA
	Carlos Pombo			Martín Madrid
	IBERDROLA			ENDESA
	Loreto Ordóñez
	GDF SUEZ