Analysis: Spain’s path from a gas importer to an international reload hub

In 2013 the role of Spain as a provider of LNG cargoes to the international market has become significant.

This is counterintuitive for an importing country with no domestic production, but at times when LNG producers have been unreliable, companies have turned to the Spanish gas market for supply.

This analysis explains why Spain has become one of the world’s most significant sources of flexible LNG supply.