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Stock impact report

Russian LNG accounts for a quarter of Spanish gas imports in March [Reuters]

ENAGAS SA UNSP/ADR (ENGGY) 
NASDAQ:AMEX Investor Relations: enagas.es
Company Research Source: Reuters
Data from Spanish grid operator Enagas (ENAG.MC) New Tab , opens new tab showed on Wednesday that Russia was the country's second-largest gas supplier last month after Algeria. LNG shipments represented 65.5% of Spain's imports while the rest came through pipelines. Thanks to the largest stable of import terminals in the European Union, Spain has become the top re-exporter of seaborne Russian supply, which totalled 23% of all Spanish gas imports in January-March. Spain's natural gas imports fell 23.2% in the month compared with the same month a year earlier, corresponding to 29,129 gigawatt-hours, Enagas said in a statement. Total gas imports from Algeria accounted for 42%. Spain's storage facilities were New Tab , opens new tab full at the end of March. Report this ad In March, Spanish Energy Minister Teresa Ribera called for a common approach from the European Commission to ban Russian gas, including the seaborne LNG, as a result of Russia's invasion of Ukraine in 202 Show less Read more
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