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LNG imports rose by 14.7 percent year-on-year to 23 TWh in January and accounted for 67.3 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.
Including pipeline imports from Algeria (10.1 TWh), France, and Portugal, gas imports to Spain reached about 35.6 TWh last month, a rise from 32.3 TWh in January last year, the report shows.
Moreover, national gas demand in January dropped by 2.4 percent year-on-year to 32.8 TWh.
Demand for power generation rose by 1.1 percent year-on-year to 6.95 TWh last month, while conventional demand decreased by 3.4 percent to 25.8 TWh, the LNG terminal operator said.
Storage facilities were 72 percent full in January, compared to 79 percent in the same month last year and 83 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.
US and Russia
The seven operational Spanish LNG regasification terminals unloaded 24 cargoes last month, up by three cargoes compared to January 2024.
The US was the biggest LNG supplier to Spain in January with 10.5 TWh, a rise compared to 9.44 TWh last year, and the country was followed by Russia with 6.46 TWH, down from 8.68 TWh last year.
During January, Spain also received 3.18 TWh from Nigeria, up from 1.13 TWh in January 2024, 1.04 TWh from Peru, 1.03 TWh from Angola, and 0.98 TWh from Cameroon.
LNG reloads drop
Spanish LNG terminals loaded 0.92 TWh in January, down by 51.3 percent year-on-year.
During January, the Huelva terminal reloaded 0.23 TWh, the Cartagena terminal reloaded 0.15 TWh, and the Barcelona terminal reloaded 74 GWh.
Reloads rose compared to 0.49 TWh in December, which marked a decrease 63.3 percent year-on-year.
During 2024, Spanish LNG terminals reloaded 15.4 TWh, down from 18.3 TWh in 2023, the Enagas data previously showed.
Enagas said 51.5 percent of the loaded volumes in January were used for bunkering, while 39.2 percent of the volumes landed in Europe and the rest landed in non-EU countries.
Moreover, truck loading operations at the LNG terminals decreased by 1.5 percent in January year-on-year to 1143.
The Cartagena LNG terminal completed 225 truck loads in January, while the Huelva terminal completed 216 truck loads, and the Barcelona terminal completed 215 truck loads, the data shows.