Greek LNG imports jump in Q1

April

14

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The Greek gas grid and Revithoussa LNG terminal operator said the LNG shipments in the three-month period totaled 10.65 terawatt hours, or 20 tankers.

This marks a 53.7 percent rise compared to 6.93 terawatt hours, or 9 tankers, in the first quarter of 2024.

In 2024, LNG deliveries to DESFA’s Revithoussa LNG terminal decreased by 34.5 percent to 18.69 TWh, or 27 tankers.

Besides LNG imports, DESFA said its Revithoussa LNG truck loading service at has recorded rapid growth, with 144 LNG trucks loaded in the first quarter, compared to 39 LNG trucks last year, thus transferring approximately 43,5 GWh.

“This 270 percent increase confirms that the service offers an efficient and flexible solution to meet the energy needs of remote distribution networks and industrial consumers both in Greece and the wider region,” the Greek firm, owned by a consortium led by Snam, said.

The US remained the largest LNG supplier to Greece in the first quarter.

US LNG volumes reached 8.65 TWh in the first quarter, compared to 4.54 TWh in the same period last year, DESFA said.

DESFA said Nigeria ranked second with 1.16 TWh and Norway ranked third with 0.93 TWh.

According to DESFA, 44.5 percent of all imported gas to Greece in 2024, including pipeline gas, came via the Revithoussa LNG terminal.

With this, the Revithoussa LNG terminal (Agia Triada entry point) was returned as the country’s main gateway.

Total gas imports to Greece totaled 22.31 TWh in the first quarter, reflecting a 34.8 percent increase compared to the same quarter in 2024.

In terms of the contribution of the other entry points, Sidirokastro was the second gas entry gateway in the country, covering about 38.8 percent of imports (8.66 TWh), with an increase of 19.45 percent compared to the first quarter last year.

Moreover, the Nea Messimvria entry point, through which gas transported via the TAP pipeline is delivered, covered 12.05 percent of imports (2.69 TWh), while the remaining approximately 4.6 percent was imported through the Amfitriti entry point (Alexandroupolis FSRU), DESFA said.

In January, UK-based energy giant BP supplied an LNG cargo to Bulgaria’s Bulgargaz via the Alexandroupolis FSRU, in which DESFA is a shareholder as well.

However, Gastrade’s Alexandroupolis FSRU in Greece has remained unavailable for regasification services due to a technical issue since then.

“We are closely monitoring the progress of the remediation of the technical issue and will provide updates to the market as appropriate,” a Gastrade spokeswoman told LNG Prime recently.

According to DESFA’s data, total natural gas demand (including domestic consumption and exports) rose by 35 percent, reaching 22.30TWh.

Following the 30 year-on-year growth recorded in 2024, domestic demand for natural gas strengthened significantly in the first quarter, increasing by 28.6 percent year-on-year to 20.86 TWh, it said.

Also, DESFA said that a rapid increase was also recorded in natural gas exports (+396.55 percent), which reached 1.44 TWh during this period from 0.29 TWh in the first quarter of 2024.

 

The post Greek LNG imports jump in Q1 appeared first on Energy News Beat.

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