Italy's gas consumption at lowest in more than 15 yr in 2024

Italy's natural gas consumption fell to its lowest level in more than 15 yr to 61.7 Bm3 in 2024, the country's power market manager GME said on Friday.

An overall 2.5% annual drop was mainly due to a decrease in the use of gas in power generation, while consumption by companies and households was marginally higher compared to 2023, according to GME.

On the supply side, gas imports fell last year to 58.7 Bm3, touching their lowest level since 2015, GME said in its newsletter.

Despite a drop of nearly 9% in the year in flows to Italy, Algeria remained the country's biggest gas provider with 21.1 Bm3 supplied in 2024.

Liquefied natural gas (LNG) imports fell more than 9% to nearly 15 Bm3, ranking as the second supply source for the country. Gas coming through pipelines from Azerbaijan was in third position at 10.3 Bm3.

Flows coming from Russia and other European countries via the TAG pipeline rose to 5.4 Bm3.

 

 

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