- Spain has one of the largest LNG storage facilities in europe.
- Currently Spain is going through a warm weather and slowdown of economic growth which led to excessive supply of the product.
- An economics professor also said that Europe lacks LNG infrastructure in storage.
There have been large queues forming off the coast of Spain this week, dozens of Liquid Natural Gas (LNG) tankers have been waiting just off the Spanish coast to unload their cargo. But a bottleneck has developed due to a lack...
https://mfame.guru/spain-battling-with-high-supply-but-no-storage-capacity/