Spain Boosts LNG Imports Following Maghreb-Europe Pipeline Closure

The transport of gas by methane carriers is the option found by Spain to avoid any disruption in gas supply since the closure of the Maghreb-Europe gas pipeline. This type of transport allows to import more liquefied natural gas (LNG). Since November, LNG imports by Spain have increased by 53.4% while pipeline gas imports have fallen by 17.9% compared to the same period in 2020.

To read: Spain’s LNG Imports Surge to 69% Amid Algerian Pipeline Closure

In total, imports reached 36,882 GWh, an increase of 18.7% compared to November 2020. 34.8% arrived via Medgaz and 65.2% in the form of liquefied natural gas. The British magazine The Economist had warned in November that the closure of the GME by Algeria could "harm Spain" which was and continues to go through an energy crisis.

In any case, Algeria remains Spain’s main natural gas supplier, with 11,754 GWh, or 31.9%, followed by the United States, with 7,253 GWh, or 19.7% of total gas imports at the end of November.