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    Reuters: Gas Price Convergence Stalls Spanish LNG Exports

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Summary

With gas price convergences making its export facility less attractive, Spain has been forced to reduce its LNG exports

by: Erica Mills

Posted in:

Press Notes

Reuters: Gas Price Convergence Stalls Spanish LNG Exports

Collapsing demand for Spanish LNG exports caused by global gas prices converging is trapping more supply in the country's domestic market amid a halving in pipeline gas imports from France.

Spain may only export one LNG cargo over the next two months, according to schedules published by gas grid operator Enagas, as the once booming trade struggles to turn a profit.

Read the full article HERE.