Russia still supplying 22 percent of Spain´s gas

Jul 15, 2024
One Min Read
Gas supply

According to the latest report issued by Corporación Reservas Estratégicas de Productos Petrolíferos, during the month of May, net imports of natural gas increased by 1.4% compared to the same month of the previous year, reaching 25,443 GWh.

By geographical area, Algeria is the main supplier of natural gas to Spain (35.1% of the total), followed by Russia (21.9%) and the USA (16.8%).

In year-on-year terms, in the last twelve months, net imports decreased by 9.4%.

As for exports, they decreased by 60.2% compared to May 2023, reaching 3,815 GWh. 53.8% is exported through gas pipeline and the remaining 46.2% as LNG.

France was the main destination of natural gas sent from Spain (25.1%), followed by China (23.7%).

On an interannual basis, exports have decreased by 37% over the last twelve months.

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