Spain's gas imports down 5% in January from same month last year
(Reuters) - Spain's natural gas imports fell more than 5% in January compared to the same month a year earlier, data from Spanish grid operator Enagas showed on Friday.
Europe's gas inventories have swelled on the back of lower heating demand due to mild winter weather, prompting a drop in imports.
Spain imported the equivalent of 32,306 gigawatt-hours of natural gas in January, Enagas said in a statement.
Algeria was the largest supplier, providing almost 31% of the gas imported to Spain in January, followed by the United States at 29% and Russia at 27%.
The European Union has said its goal is to end its reliance on Russian fossil fuels by 2027, but the bloc is still largely buying liquefied natural gas (LNG) from Moscow.
LNG shipments made up 65.4% of total imports to Spain last month while the rest were purchases through pipelines, Enagas said.
Related News
Related News
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
Comments