Spain's Gas Imports Rise 16% Driven by Seaborne LNG Purchases
(Reuters) — Spain's natural gas imports in March rose 16% from a year earlier, driven by more purchases of seaborne LNG, government data showed on Monday.
Spain imported the equivalent to 37,582 gigawatt hours (GWh) of natural gas in March, the data from Cores, an arm of the Energy and Environment Ministry, showed.
LNG shipments jumped 75% and represented more than two thirds of the total imports, while purchases through pipelines, mainly from Algeria, fell 48%, Cores said.
Spain re-exported the equivalent of 2,845 GWh of gas, 83% more than in March 2021.
Russian gas accounted for 8.7% of Spanish imports in March, an increase of 1.5 percentage points compared to March 2021.
In the first quarter of 2022, Spain's imports of natural gas reached 113,306 GWh, the highest for a first quarter since 2008.
Related News
Related News
- Kazakh Oil Decouples from Russian Crude But Risk Weighs on Price
- Pipeline Operator TC Energy Says Stress, Weld Fault Caused Keystone Oil Spill
- Repsol Ditches Plans to Develop LNG Terminal on Canada’s East Coast
- US to Sell 26 Million Barrels of Oil Reserves As Mandated by Congress
- Ukraine to Jointly Buy Gas with European Union Countries
- US Intelligence Suggests Pro-Ukrainian Group Sabotaged Nord Stream Pipelines -NYT
- EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
- US Regulator Orders Lower Pressure on Keystone Pipeline System After Spill
- US Carbon Pipeline Faces Setback as Residents Refuse to Cede Land Rights
- YPF CEO: Green Light for Argentina's Gas Project with Petronas to Come in 2024
Comments