Bloomberg News

Spain’s Enagas to Mothball New LNG Import Terminal, WGI Says

By Ben Farey
May 02, 2012

Enagas SA (ENG), operator of Spain’s natural-gas grid, plans to mothball a liquefied fuel import terminal as soon as construction is complete, World Gas Intelligence reported, citing an unidentified Enagas official.

The 7 billion-cubic-meter-a-year El Musel facility in northern Spain, the country’s seventh LNG site, will be shut as soon as it’s finished in December due to low demand for the fuel, according to the report.

Enagas didn’t immediately answer a phone call seeking comment.

To contact the reporter on this story: Ben Farey in London at bfarey@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

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