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Commitments

At 31 December 2015, commitments with suppliers to purchase property, plant and equipment and provide services relating to investments in property, plant and equipment and intangible assets under construction totalled €1,898 million (€1,512 million at 31 December 2014).

Other commitments refer to minimum future payments relating to non-cancellable operating lease transactions (€9 million, including €4 million expiring in the following year and €5 million between one and five years).

Also note that, in relation to TAP, the contractual agreements stipulate that shareholders are responsible for financing the project for gas exports in western Europe, according to the level of their respective shareholdings, until the pipeline enters into service, and if its capacity is expanded.

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