Spanish gas market growth slowing, says OIES

Gas pipeline

Spain's gas market growth is expected to slow significantly between now and 2020, according to an OIES report.

The Spanish gas market had been the fastest growing major European gas market, with 10.9% annual growth between 2000 and 2008, compared to the European average of 2%. Spanish growth is now forecast at just 2.4% until 2020, according to the report's author, Anouk Honoré, senior research fellow at the OIES.

The revised forecast stems from the expectation that Spanish GDP growth rates are

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