Spanish LNG imports, reloads down in February

Spanish LNG imports dropped by 18.8 percent in February when compared to the same month last year, according to Enagas.

LNG imports reached about 21.4 TWh in February and accounted for 67.4 percent of the total gas imports. In January, LNG imports reached some 23.3 TWh.

Including pipeline imports from Algeria and France, gas imports to Spain reached about 31.8 TWh last month, down from some 37.9 TWh in February last year, Enagas said in its monthly report.

Moreover, gas demand in February dropped slightly by 0.1 percent year-on-year to 38.4 TWh.

Demand for power generation declined by 3.6 percent year-on-year to 9 TWh last month, while conventional demand dropped by 3.4 percent to 24.5 TWh, the LNG terminal operator said.

Enagas operates a large network of gas pipelines and has four LNG import plants in Barcelona, Huelva, Cartagena, and Gijon.

It also owns 50 percent of the BBG regasification plant in Bilbao and 72.5 percent of the Sagunto plant, while Reganosa operates the Mugardos plant.

Enagas is working to launch its El Musel LNG facility in Gijon with the capacity to unload and load 100 carriers per year, and will sell 25 percent in this facility to Reganosa.

US, Russia biggest LNG suppliers

The six operational Spanish LNG regasification terminals unloaded 25 cargoes last month, two cargoes less when compared to February 2022, according to Enagas.

US remains the biggest supplier of LNG to Spain with some 7.2 TWh or about 22.8 percent of the total gas and LNG imports in February. US LNG supplies dropped considerably when compared to 12.4 TWh last year, the data shows.

On the other hand, LNG volumes from Russia jumped 151 percent to 5.46 TWh last month from 2.17 TWh in February 2022.

Also, Nigerian LNG volumes dipped from 8 TWh in February 2022 to 2.79 TWh last month.

Other LNG sources in February include Qatar, Cameroon, Egypt, Trinidad and Tobago, and Equatorial Guinea, the data shows.

LNG reloads

Spanish LNG terminals loaded about 1.55 TWh in February, compared to some 2.04 TWh in February 2022.

The Sagunto LNG terminal reloaded about 0.55 TWh of LNG, followed by Barcelona with about 0.47 TWh, and Cartagena with 0.42 TWh.

Also, the number of truck loads at the LNG terminals dropped by 8.9 percent year-on-year to 980, the data shows.

Enagas previously said that the loading of LNG carriers from Spanish terminals increased by 44.9 percent year-on-year in 2022 to 24.8 TWh.

Many of these reloads have been destined for other EU countries, such as Italy or Germany, the firm said.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

Spanish LNG imports continue to rise

Spanish liquefied natural gas (LNG) imports jumped in April, with the US supplying most of the volumes.

Spanish LNG imports jump

Spanish liquefied natural gas (LNG) imports jumped in March, with the US supplying most of the volumes.

Keel laid for Scale Gas LNG bunkering vessel in China

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has laid the keel for a liquefied natural gas (LNG) bunkering vessel it is building for Scale Gas, a unit of Spain’s Enagas.

Spain’s Sagunto LNG terminal gets 1000th cargo

Spain’s Sagunto liquefied natural gas import terminal near Valencia has received its 1000th cargo onboard Latsco's LNG carrier Hellas Athina.