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Spanish Gas Imports up 27% in July y-o-y Driven by LNG

NATURAL GAS

Spanish gas imports jumped 27% in July from a year prior according to Cores data.

  • Spain imported the equivalent of 36,606 gigawatt-hours (GWh) of natural gas in July.
  • LNG imports represented 72% of the total imports, doubling from a year prior.
  • Gas procurement from Algeria fell 38% from a year prior.
  • In July, Russian gas accounted for 14.5% of Spanish imports, twice as much as a year earlier, while gas from the United States represented 23% of imports, up from 9.2%.

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