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Free AccessSpanish LNG Backlog Easing: Enagas
Spanish gas grid operator Enagas said a backlog at its terminals that had forced it to warn it could reject deliveries of LNG had eased.
- "All firm operations contracted by users can now be carried out on their scheduled date and it is not necessary to prolong the exceptional measures," Enagas said.
- Oversupply in the region has helped to drag prices down recently.
- On Oct. 17, Enagas had issued a special situation notice due to unexpectedly full LNG tanks at its Spanish ports as mild weather hit demand for the fuel.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.