LNG may be Europe’s card to play against the Kremlin. Its price in Asia has crashed from $20 to $11 per million British thermal unit (BTU) since February. Out of 21 re-gasification terminals in Europe, six are in Spain, with a seventh ready to go into operation. The Spanish terminals of LNG account for 38 per cent of European capacity.
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
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