Spanish LNG imports surge in July

Spanish LNG imports jumped 113.8 percent in July when compared to the same month last year, according to data by the country’s LNG terminal operator, Enagas.

LNG imports totaled 26.4 TWh in July. Including pipeline imports from Algeria and France, gas imports reached 36.7 TWh in July, Enagas said in its monthly report.

Gas demand rose on the back of higher demand for power generation. Demand for power generation hit 17.1 TWh in July while conventional demand reached 13.9 TWh, Enagas 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.

The firm is working to launch its El Musel LNG facility in Gijon with the capacity to unload and load 100 carriers per year.

Spanish LNG regasification terminals unloaded 27 cargoes in July, compared to 14 shipments in the same month last year, Enagas said.

US remains the biggest supplier of LNG to Spain with 8.5 TWh or about 23.2 percent of the total LNG imports in July.

Volumes from Nigeria and Russia reached 5.8 TWh and 5.3 TWh, respectfully.

Other suppliers include Qatar, Trinidad and Tobago, Equatorial Guinea, Egypt, and Angola.

Most Popular

Atlantic LNG shipping rates up this week

Atlantic spot LNG shipping rates increased this week, while Pacific rates dropped compared to the week before, according to Spark Commodities.

US LNG exports down to 31 shipments

US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending July 8, down five cargoes from the week before, according to the Energy Information Administration.

Powergas seeks US firm to conduct feasibility study for Nigerian small-scale LNG plant

The U.S. Trade and Development Agency, which is supporting the development, announced the request for proposals on its website. According...
spot_img

More News Like This

Spanish LNG imports down in May

Spanish liquefied natural gas (LNG) imports decreased in May compared to the same month in the previous year, with Russia and the US supplying the majority of the volumes.

Spanish LNG imports drop in April

Spanish liquefied natural gas (LNG) imports dropped in April compared to the same month in the previous year, with the US supplying the majority of the volumes.

Enagas to buy stake in French gas grid operator Terega

Spanish LNG terminal operator Enagas has reached an agreement with Singaporean sovereign wealth fund GIC to acquire a 31.5 percent stake in the French gas grid operator Terega for 573 million euros ($675 million).

Spanish LNG imports climb in March

Spanish liquefied natural gas (LNG) imports rose in March compared to the same month in the previous year, with the US and Russia supplying more than 80 percent of the volumes.