Portugal's last-ditch effort to save the South Transit East Pyrenees (STEP) pipeline looks to be in vain following negative opinions by the French and Spanish energy regulators.
STEP was designed to link the French and Spanish gas grids across the eastern Pyrenees, facilitating flows between France and the Iberian Peninsula and enhancing European energy security. In an assessment of the project released on Wednesday, French energy regulator the CRE and its Spanish counterpart the CNMC said the project would fail to answer market needs...
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