Spanish LNG imports continue to increase

Spanish liquefied natural gas (LNG) imports continued to rise in June, with Algeria and the US supplying the majority of the volumes.

LNG imports rose by 11.1 percent year-on-year to 17.96 TWh in June and accounted for 68.6 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.

Imports dropped compared to 20.5 TWh in May, which marked a 25 percent year-on-year rise.

Including pipeline imports from Algeria (7.89 TWh), France, and Portugal, gas imports to Spain reached about 28.6 TWh last month, a rise from 27.6 TWh in June last year, the report shows.

Moreover, national gas demand in June rose by 21.7 percent year-on-year to 25.5 TWh.

Demand for power generation surged by 188.6 percent year-on-year to 9.84 TWh last month, while conventional demand decreased by 4.7 percent to 15.7 TWh, the LNG terminal operator said.

In June, storage facilities were 74 percent full, compared to 97 percent in the same month last year and 73 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.

Algeria and US

The seven operational Spanish LNG regasification terminals unloaded 19 cargoes last month, down by two cargoes compared to June 2024.

Algeria and the US were the biggest LNG suppliers to Spain in June with 4.15 TWh and 4.13 TWh, respectively.

Compared to June last year, Algerian volumes dropped from 4.29 TWh, while US volumes rose from 3.28 TWh.

Russia supplied 3.26 TWh of LNG to Spain in June, down from 5.68 TWh last year, Angola supplied 3.15 TWh, Peru supplied 2.20 TWh, up from 1.13 TWh last year, and Nigeria supplied 2.04 TWh, up from 0.96 TWh last year.

LNG reloads down

Spanish LNG terminals loaded about 1.09 TWh in June, down 39.7 percent compared to 1.81 TWh in June 2024.

Reloads also dropped compared to 1.22 TWh in May.

Spanish terminals reloaded 1 TWh in April, 0.54 TWh in March, 1.67 TWh in February, and 0.92 TWh in January.

During June, the Sagunto terminal reloaded 0.37 TWh, the Huelva terminal reloaded 0.26 TWh, and the Barcelona terminal reloaded 0.24 TWh.

Enagas said 54.9 percent of the loaded volumes in June landed in the EU, 41.7 percent of the volumes were used for bunkering, and the rest landed in non-EU countries.

Moreover, truck loading operations at the LNG terminals rose by 3.7 percent to 935.

The data shows that last month, the Barcelona LNG terminal completed 197 truckloads, the Sagunto terminal completed 184 truckloads, and the Cartagena terminal completed 161 truckloads.

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