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LNG imports decreased by 37.8 percent year-on-year to 12.6 TWh in February and accounted for 61.9 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.
Imports also dropped compared to 23 TWh in January, which marked a 14.7 percent year-on-year rise.
Including pipeline imports from Algeria (9.18 TWh), France, and Portugal, gas imports to Spain reached about 26.3 TWh last month, a drop from 31.5 TWh in February last year, the report shows.
Moreover, national gas demand in February rose by 2.9 percent year-on-year to 28.6 TWh.
Demand for power generation jumped by 46.9 percent year-on-year to 6.54 TWh last month, while conventional demand decreased by 5.5 percent to 22 TWh, the LNG terminal operator said.
Storage facilities were 65 percent full in February, compared to 77 percent in the same month last year and 72 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 19 cargoes last month, down by three cargoes compared to February 2024.
The US was the biggest LNG supplier to Spain in February with 9.2 TWh, a rise compared to 8 TWh last year, and the country was followed by Russia with 2.19 TWh, down from 5.33 TWh last year, and Nigeria with 2.1 TWh, down from 5 TWh last year.
Sapain also received 1 TWh from Angola, 1.04 TWh from Peru, 0.88 TWh from Congo, and 0.8 TWh from Qatar.
LNG reloads climb
Spanish LNG terminals loaded 1.67 TWh in February, up by 56.3 percent year-on-year.
Reloads also rose compared to 0.92 TWh in January.
During February, the Sagunto terminal reloaded 1.13 TWh, the Barcelona terminal reloaded 0.22 TWh, and the Huelva terminal reloaded 0.21 TWh.
Enagas said 100 percent of the loaded volumes in February were used for bunkering.
Moreover, truck loading operations at the LNG terminals decreased by 4.3 percent in February year-on-year to 1032.
The Cartagena LNG terminal completed 203 truck loads in February, while the Barcelona terminal completed 196 truck loads, and the Huleva terminal completed 188 truck loads, the data shows.