spanish gas grid

gas grid

Spain’s golden opportunity to become the gas hub of Europe

MADRID | By Julia Pastor | With seven LNG regasification plants and two connnections to big Algerian deposits, Spain has one of the EU’s highest capacity gas grid. A third infrastructure called Midcat linking the Mediterranean corridor with France remains unfinished, partly because of objections from France and Germany. The European Commission, however, wants to bring down this wall since Midcat could replace 10% of Russian imports and give wider negotiating power against Putin’s threats amid Ukraine’s pre-civil war climate.