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LNG imports rose by 39.8 percent year-on-year to 25.2 TWh in March and accounted for 71.8 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas.
Imports also rose compared to 12.6 TWh in February and 23 TWh in January.
Including pipeline imports from Algeria (9.5 TWh), France, and Portugal, gas imports to Spain reached about 36.5 TWh last month, a rise from 29.1 TWh in March last year, the report shows.
Moreover, national gas demand in March rose by 6 percent year-on-year to 28.4 TWh.
Demand for power generation increased by 12.2 percent year-on-year to 5.34 TWh last month, while conventional demand increased by 4.6 percent to 23 TWh, the LNG terminal operator said.
Storage facilities were 63 percent full in March, compared to 79 percent in the same month last year and 65 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 main LNG supplier
The seven operational Spanish LNG regasification terminals unloaded 27 cargoes last month, up by nine cargoes compared to March 2024.
The US was the biggest LNG supplier to Spain in March with 11.7 TWh, a rise compared to 5.2 TWh last year, and the country was followed by Russia with 4.39 TWh, down from 7.48 TWh last year, and Angola with 3 TWh.
Sapain also received 2.7 TWh from Algeria, 2 TWh from Nigeria, 1.65 TWh from Qatar, and 0.65 TWh from Norway.
LNG reloads drop
Spanish LNG terminals loaded 0.54 TWh in March, down by 4.6 percent year-on-year.
Reloads also dropped compared to 1.67 TWh in February and 0.92 TWh in January.
During March, the Huleva terminal reloaded 0.21 TWh, and the Caratgena terminal reloaded 0.19 TWh.
Enagas said 51.8 percent of the loaded volumes in March were used for bunkering, 40.5 percent of the volumes landed in the EU, and the rest landed in non-EU countries.
Moreover, truck loading operations at the LNG terminals increased by 4.4 percent in March year-on-year to 1094.
Lats month, the Huleva LNG terminal completed 211 truck loads, the Barcelona terminal completed 210 truck loads, and the Sagunto terminal completed 200 truck loads, the data shows.