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Tuesday, August 16, 2022
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GreeceGREECE - LNG imports up sharply in January-June

GREECE – LNG imports up sharply in January-June

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Hellenic News of Americahttps://www.hellenicnews.com
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The Revythousa LNG terminal was the main entry point for natural gas in Greece during the first half of 2022, covering 44% of demand, with Russian natural gas having a share of 34%, National Natural Gas System Operator DESFA said on Tuesday.

In a report, DESFA said that domestic consumption of natural gas fell, although demand rose as exports more than doubled in the January-June period. Exports were made mostly to Bulgaria and Italy. Total demand (domestic consumption and exports) of natural gas rose 3.84% to 38.91 TWh, from 37.47 TWh in the same period last year. Domestic consumption fell 10.33% to 30.31 TWh, while exports soared 134.33% to 8.60 TWh.

Natural gas imports totaled 38.92 TWh in the first half of 2022, up 3.65% from the same period in 2021, with imports from Revythousa accounting for 44.5% of total imports. A total of 39 tankers from six countries transferred around 16.61 TWh of LNG in the January-June period, reflecting LNG shipments from the United States (9.79 TWh). The US accounted for 58.94% of LNG imports to Greece, followed by Algeria, Egypt, Nigeria, Oman and Indonesia.

Consumption by households and enterprises grew 8.42% in the first half totaling 8.24 TWh or 27.19% of total demand. Consumption by domestic industries totaled 1.67 TWh, down 71.06% or 5.51% of total demand.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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