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Spain: potential gas hub in Europe

Spain can help Europe reduce its dependence on Russian gas. Half a dozen regasification plants can store liquefied natural gas. However, new pipelines are needed to transport it to neighboring European countries.

Spain can play a key role in the European strategy to reduce its dependence on Russian gas. The country has a modern LNG receiving infrastructure with six regasification plants. In addition, there is an LNG plant from Sines in Portugal. The Iberian Peninsula accounts for one-third of regasification capacity and 25 percent of total European storage capacity.

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