Spanish Gas Imports Up 18.4% y-o-y in April

Spain imported the equivalent to 40.759 GWh of natural gas in April based on Cores data released today.

• Spain's natural gas imports in April rose 18.4% compared with the same month a year ago.
• LNG shipments jumped 55% and represented 87% of the total imports, while purchases through pipelines fell 69%.
• Spain re-exported the equivalent to 7.859 GWh, four times as much as in April 2021.
• In April 2022, Russian gas accounted for 8% of Spanish imports compared with 6.3% the same month a year ago.
• Spain is currently watching closely for any disruption to gas imports from Algeria as diplomatic relations between the two countries has soured this week. Algeria announced it has suspended cooperation with Spain over a Western Sahara dispute, but Spain is ‘confident’ gas contracts will be honoured.