Spain Battling With High Supply But No Storage Capacity

  • 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/

“Bureau Veritas Solutions Marine & Offshore (greek branch) participating at the ETYFA FSRU project at Vasilikos Bay”

“Bureau Veritas Solutions Marine & Offshore (greek branch) participating at the ETYFA FSRU project at Vasilikos Bay”

The Natural Gas Infrastructure Company (ETYFA) of Cyprus completed the evaluation process of the “Owner’s Engineer” competition on July 31st 2020 and identified the consortium “Hill International N.V. and Bureau Veritas Solutions Marine & Offshore Greek branch” with subcontractors Tractebel and Gazocean. 

The team of supervising engineers, which undertakes the project of developing...

https://www.allaboutshipping.co.uk/2020/08/04/bureau-veritas-solutions-marine-offshore-greek-branch-participating-at-the-etyfa-fsru-project-at-vasilikos-bay/