Spanish LNG imports climb in March

Spanish liquefied natural gas (LNG) imports rose in March compared to the same month in the previous year, with the US and Russia supplying more than 80 percent of the volumes.

LNG imports rose by 3.8 percent year-on-year to 26.17 TWh in March and accounted for 72 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.

Imports were higher compared to 20.76 TWh in February, which increased 36.1 percent year-on-year.

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

Including pipeline imports from Algeria (10.26 TWh), France, and Portugal, gas imports to Spain reached 37.63 TWh last month, up from 33.83 TWh in March last year, the report shows.

Moreover, national gas demand in March rose by 1.3 percent year-on-year to 28.76 TWh.

Demand for power generation decreased by 46.8 percent year-on-year to 7.85 TWh last month, while conventional demand decreased by 9.3 percent to 20.91 TWh, the LNG terminal operator said.

In March, storage facilities were 57 percent full, compared to 63 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 28 cargoes last month, up by one cargo compared to March 2025.

The US was the biggest LNG supplier to Spain in March with 11.94 TWh, a slight rise from 11.76 TWh last year.

Moreover, Russia supplied 9.80 TWh of LNG to Spain in March, a jump from 4.39 TWh last year.

Other suppliers include Nigeria (2.97 TWh), Algeria (1.11 TWh), and Congo (0.52 TWh).

Spanish LNG terminals loaded 0.84 TWh in March, a rise compared to 0.54 TWh in March 2025 and 0.47 TWh in the prior month.

During March, the Cartagena terminal reloaded 0.33 TWh, the Huelva terminal reloaded 0.22 TWh, and the Barcelona terminal reloaded 0.25 TWh.

Enagas said that 67.2 percent of the loaded volumes were used for bunkering, 30.6 percent of the volumes landed in EU countries, and 2.2 percent of the volumes landed in non-EU countries.

Moreover, truck loading operations at the LNG terminals rose by 2.1 percent on year to 1,116.

The data shows that last month, the Barcelona terminal completed 233 truckloads, the Cartagena LNG terminal completed 221 truckloads, and the Huelva terminal completed 193 truckloads.

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