The loghttp module error - strange issue that fills up the Application windows log

I have a AWS VM used as web server with IIS.

Recently I noticed the following error that fills up the Application windows log. The log message is added to Application log every few seconds, and out of the 81000+ log entries, more then 95% is this message.

The message is:

The loghttp module in the worker process with id 'n' could not obtain custom log data for 'm' requests. The data field contains the error code.

The worker process ID corresponds with the PID of AppPool worker process for the website The EventID is always 2308, and the event XML data is as below

<Event xmlns="http://schemas.microsoft.com/win/2004/08/events/event">
  <System>
      <Provider Name="Microsoft-Windows-IIS-W3SVC-WP" Guid="{670080D9-742A-4187-8D16-41143D1290BD}" EventSourceName="W3SVC-WP" /> 
      <EventID Qualifiers="49152">2308</EventID> 
      <Version>0</Version> 
      <Level>2</Level> 
      <Task>0</Task> 
      <Opcode>0</Opcode> 
      <Keywords>0x80000000000000</Keywords> 
      <TimeCreated SystemTime="2020-10-19T12:15:07.733403000Z" /> 
      <EventRecordID>10733995</EventRecordID> 
      <Correlation /> 
      <Execution ProcessID="0" ThreadID="0" /> 
      <Channel>Application</Channel> 
      <Computer>EC2AMAZ-EOQ4OLA.MGO.LOCAL</Computer> 
      <Security /> 
  </System>
  <EventData>
    <Data Name="RequestCount">99</Data> 
    <Data Name="PID">3780</Data> 
    <Binary /> 
  </EventData>
</Event>

I did searched the web but I could not find anything with a similar error message.

Any idea where is this coming from, what is its cause and any workaround?

Thank you