Spanish LNG imports down in January

Spanish liquefied natural gas (LNG) imports dropped in January compared to the same month in the previous year, with the US supplying most of the volumes.

LNG imports dropped by 11.5 percent year-on-year to 20.38 TWh in January and accounted for 62.5 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.

Imports also dropped compared to 31.2 TWh in December last year.

Spanish LNG imports increased in 2025, with US volumes almost doubling compared with the previous year.

Including pipeline imports from Algeria (10.09 TWh), France, and Portugal, gas imports to Spain reached 34.38 TWh last month, down from 35.63 TWh in January last year, the report shows.

Moreover, national gas demand in January rose by 10.2 percent year-on-year to 36.17 TWh.

Demand for power generation increased by 29.9 percent year-on-year to 9 TWh last month, while conventional demand increased by 5 percent to 27.13 TWh, the LNG terminal operator said.

In January, storage facilities were 59 percent full, compared to 72 percent in the same month last year.

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 and Russia

The seven operational Spanish LNG regasification terminals unloaded 21 cargoes last month, down by three cargoes compared to January 2025.

The US was the biggest LNG supplier to Spain in January with 15.6 TWh, a rise from 10.45 TWh last year.

Moreover, Russia supplied 4.37 TWh of LNG to Spain in January, down from 6.46 TWh last year.

Other suppliers include Nigeria with 0.92 TWh and Congo with 0.89 TWh.

Spanish LNG terminals loaded 1.86 TWh in January, a jump compared to 0.45 TWh in January 2025.

During January, the Sagunto terminal reloaded 0.87 TWh, the Barcelona terminal reloaded 0.4 TWh, and the Cartagena terminal reloaded 0.36 TWh.

Enagas said that 43.4 percent of the loaded volumes landed in non-EU countries, 29.7 percent were used for bunkering, and 27 percent of the volumes landed in EU countries.

Moreover, truck loading operations at the LNG terminals rose by 1.7 percent on year to 1,162.

The data shows that last month, the Cartagena LNG terminal completed 242 truckloads, the Barcelona terminal completed 219 truckloads, and the Sagunto terminal completed 214 truckloads.

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