August 12

Spanish LNG imports drop, reloads surge in July

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LNG imports decreased by 33.1 percent year-on-year to about 13.7 TWh in July and accounted for 56.9 percent of the total gas imports.

Previously, Spanish LNG imports dropped by 24.4 percent year-on-year to about 16.1 TWh in June, while imports decreased by 30.6 percent to about 17.1 TWh in May.

In April, LNG imports reached some 16.1 TWh and some 18.1 TWh in March, while in February LNG imports reached about 18.4 TWh and in January imports reached some 20 TWh.

Including pipeline imports from Algeria (8.56 TWh), France, and Portugal, gas imports to Spain reached about 27.76 TWh last month, a drop from some 31.74 TWh in July last year, according to the monthly report by Enagas.

Moreover, national gas demand in July decreased by 9.7 percent year-on-year to some 23.6 TWh.

Demand for power generation dipped by 32.3 percent year-on-year to about 7.06 TWh last month, while conventional demand increased by 5.2 percent to 16.5 TWh, the LNG terminal operator said.

Storage facilities were 98 percent full in July, compared to 96 percent in the same month last year and 95 percent in the prior month, according to Enagas.

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 in the Musel LNG facility, 50 percent in the BBG regasification plant in Bilbao, and 72.5 percent of the Sagunto plant, while Reganosa operates the Mugardos plant.

In August last year, Spanish power group Endesa delivered the first commercial cargo to the El Musel LNG terminal in Gijon.

Endesa completed in April this year the first reloading operation at the facility.

There were no ship unloading or loading operations at the facility during July.

The seven operational Spanish LNG regasification terminals, unloaded 15 cargoes last month, down by 6 cargoes compared to July last year, the data shows.

Russia was the biggest LNG supplier to Spain in July with about 7.61 TWh, down from 8.76 TWh last year, and the country was followed by the US with 4.53 TWh, a rise from 3.94 TWh last year.

During July, Spain also received 1.71 TWh from Nigeria, down form 2.67 TWh last year, 1.09 TWh from France, and 0.84 TWh from Qatar.

Russia was also the biggest LNG supplier to Spain in April, May, and June, while the US was the biggest supplier in January and February.

Also, Russia was the biggest LNG supplier in December last year and the US was the biggest supplier to Spain in October and November.

Spanish LNG terminals loaded about 2.49 TWh in July, the highest monthly figure this year.

Reloads surged by 548 percent compared to some 0.38 TWh in the same month last year and they also rose compared to 1.81 TWh in June.

The LNG terminals loaded about 1.19 TWh in May, 0.45 TWh in April, 0.56 TWh in March, 1.07 TWh in February, and 0.92 TWh in January.

During July, the Cartagena LNG terminal reloaded about 1.10 TWh of LNG, the Sagunto terminal reloaded about 0.88 TWh, the Barcelona terminal reloaded some 0.32 TWh, and the Huleva terminal reloaded about 0.19 TWh.

Moreover, the number of truck loading operations at the LNG terminals rose by 16.7 percent year-on-year to 1053.

The Huelva LNG terminal completed 239 truck loads in July, while the Barcelona terminal completed 217 truck loads and the Sagunto terminal completed 197 truck loads, the data shows.

Source: Lngprime.com

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