MILAN: Spain may export two liquefied natural gas (LNG) cargoes in June, according to data released by gas grid operator Enagas.
The export cargoes from Spain's Huelva and Sagunto terminals, respectively, are listed as provisional in the schedule, meaning they could be canceled if there is a lack of demand.
Despite having Europe's largest LNG import capacity, Spain's economic troubles have dampened demand, prompting some re-loading of cargoes for export to more profitable destinations. Convergence of global gas prices in recent months has cooled demand for re-exports, however.
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