1 min read • Energy, Utilities & Resources
Gas Carousel Making Spain Europe’s Biggest LNG Exporter
Spain overtook Norway last month to become the region’s biggest exporter of liquefied natural gas but Spain’s gas use dropped eight per cent last year. “Spanish demand for the gas probably won’t recover any time soon” predicts Stephen Rogers, a partner at consultancy Arthur D. Little in London. “It is likely to be many months, or possibly years, before Spain needs all of the gas that it has contracted for use in powering its own economy” he added.
1 min read • Energy, Utilities & Resources
Gas Carousel Making Spain Europe’s Biggest LNG Exporter
Spain overtook Norway last month to become the region’s biggest exporter of liquefied natural gas but Spain’s gas use dropped eight per cent last year. “Spanish demand for the gas probably won’t recover any time soon” predicts Stephen Rogers, a partner at consultancy Arthur D. Little in London. “It is likely to be many months, or possibly years, before Spain needs all of the gas that it has contracted for use in powering its own economy” he added.
RELATED INFORMATION
Gas Directive amendment and relations with third countries
The proposed amendment to the EU Gas Directive aims to extend EU Internal Gas Market legislation to import pipelines from third countries. This would mean imposing third-party access, ownership…
Proposed Gas Directive amendment and the EC-Gazprom settlement
During the spring of 2018, after seven years of deliberations, the European Commission concluded its investigation of Gazprom regarding alleged abuse of its market position in Central and Eastern…
Arthur D. Little predicts consolidation and globalisation for maturing subsea oil and gas sector
As oil prices continue to rise and deepwater reserves demonstrate increasing appeal to national oil giants, the subsea oil and gas sector faces significant challenges to ensure future growth,…