Barcelona will play host to the world’s largest natural gas & LNG event – the Gastech Exhibition & Conference – when it returns to Europe between 17-20 September 2018 at the Fira Barcelona, Spain.
Hosted by Spain’s leading energy stakeholders including Enagás, Repsol, Gas Natural Fenosa and Técnicas Reunidas, the event (now in its 45th year) returns to Europe after three previous editions in Asia, and reflects the resurgence of gas & LNG in Europe.
An Exciting New Dawn for LNG & Gas Markets
European LNG imports are poised for a second year of growth…Europe’s role as a key backstop for excess cargoes in the global LNG market is likely to expand as other consuming regions are unable to absorb new demand as quickly as supply is being added. Much of this LNG will enter Europe via Spain’s large network of LNG import terminals. The introduction of US LNG in 2016 marks the launch of another supply source for Europe given that the Pacific Basin is better balanced in the second part of this decade, and US LNG is regarded as highly flexible.
EU policy formation regards energy security as a cornerstone and is expected to call on more gas and LNG. Spanish companies will play a leading role in this expanding market as markets begin to see a major renaissance in European gas & LNG imports after a considerable lull.
Gastech returns to Europe as market conditions improve and many exciting new opportunities present themselves. Barcelona will prove an exceptional host city for Gastech 2018: