Spain’s LNG imports spike in August

Spain’s imports of liquefied natural gas (LNG) jumped in August on a yearly basis boosted by higher gas-to-power generation.

LNG imports reached 19.15 terawatt hours (TWh) in August, a rise of 156 percent as compared to 7.47 TWh in the same month the year before, according to the data provided by the LNG terminal operator, Enagás.

Almost half of the country’s LNG imports in August came from the world’s largest producer, Qatar. These imports rose ten times from last year to 9.05 TWh, the data shows.

The rest of the August volumes were imported from Nigeria, Trinidad and Tobago, Norway, Peru, the U.S. and Algeria.

Enagás’ Barcelona regasification plant received 6 out of the total 19 LNG cargoes imported into Spain during the month under review.

The report shows that the Huelva LNG import terminal and the Bilbao facility received four cargoes, each, while three landed in Sagunto. The Cartagena and Mugardos LNG terminals received one cargo, each.

Enagás said earlier this month that Spanish gas demand rose 18 percent in August year-on year, reaching the highest monthly growth figure in the summer period since 2008.

Demand for natural gas for power generation ended the month of August with an increase of more than 60%, to reach 7.8 TWh, the highest figure for this month since 2011.

The increase was explained by low hydroelectricity generation and a lower contribution from wind power.

LNG World News Staff