Spanish LNG imports down in November

Spanish liquefied natural gas (LNG) imports dropped in November compared to the same month in the previous year.

LNG imports dropped by 13.9 percent year-on-year to 14.7 TWh in November and accounted for 63.3 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.

Imports also dropped compared to 23.5 TWh in October, which marked a 64.1 percent year-on-year rise.

Last month’s LNG imports marked the second monthly year-on-year decline after February this year.

Including pipeline imports from Algeria (9.67 TWh), France, and Portugal, gas imports to Spain reached 30 TWh last month, a slight rise from 29.82 TWh in November last year, the report shows.

Moreover, national gas demand in November rose by 5.7 percent year-on-year to 31.12 TWh.

Demand for power generation increased by 11.2 percent year-on-year to 9.2 TWh last month, while conventional demand increased by 3.5 percent to 21.86 TWh, the LNG terminal operator said.

In November, storage facilities were 80 percent full, compared to 93 percent in the same month last year and 87 percent in the prior month.

Enagas operates a large network of gas pipelines in Spain and has three wholly-owned LNG import plants in Barcelona, Huelva, and Cartagena.

It also owns 75 percent of the Musel LNG facility, 50 percent of the BBG regasification plant in Bilbao, and 72.5 percent of the Sagunto plant, while Reganosa operates the Mugardos plant.

US, Algeria, and Russia

The seven operational Spanish LNG regasification terminals unloaded 20 cargoes last month, up by two cargoes compared to November 2024.

The US was the biggest LNG supplier to Spain in September with 7.2 TWh, a jump from 3.2 TWh last year.

Moreover, Algeria supplied 3.89 TWh of LNG to Spain in November, slightly up from 3.72 TWh last year, while Russia supplied 3.3 TWh, down from 6.4 TWh last year.

Other suppliers include Angola with 2.05 TWh, Nigeria with 1.02 TWh, Trinidad and Tobago with 0.82 TWh, and Congo with 0.68 TWh.

LNG reloads down

Spanish LNG terminals loaded 0.67 TWh in November, a drop compared to 1.57 TWh in November 2024.

Reloads also dropped from 1.23 TWh in October, 1.14 TWh in September, and 1.92 TWh in August, which was the highest monthly figure this year.

Spanish terminals reloaded 0.68 TWh in July, 1.09 TWh in June, 1.22 TWh in May, 1 TWh in April, 0.54 TWh in March, 1.67 TWh in February, and 0.92 TWh in January.

During November, the Huelva terminal reloaded 0.42 TWh and the Cartagena terminal reloaded 0.17 TWh.

Enagas said that 64.7 percent of the loaded volumes were used for bunkering, 24.7 percent landed in non-EU countries, and the rest in EU countries.

Moreover, truck loading operations at the LNG terminals rose by 2.5 percent on year to 1,068.

The data shows that last month, the Barcelona LNG terminal completed 204 truckloads, the Cartagena terminal completed 203 truckloads, and the Sagunto terminal completed 201 truckloads.

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