Page 6 - EurOil Week 28 2022
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EurOil                                 PIPELINES & TRANSPORT                                           EurOil











































       Spanish imports of Russian gas soar in




       June, while Algerian gas imports sink






        SPAIN            RUSSIAN natural gas exports to Spain rose   The rise of Russia to the position of Spain’s
                         more than four-fold year on year in June, while  second-largest supplier occurred at the expense
       Russian supplies   Algerian deliveries dropped by more than  of Algeria, according to Enagas’ data. The North
       accounted for just shy   half, according to data released by Enagas, the  African state slipped to third place in June 2022,
       of a quarter of Spanish   owner and operator of Spain’s gas transportation  delivering 7,736 GWh (791.9 mcm) of gas, down
       gas imports in June.  system.                          by 57.3% on the figure of 18,123 GWh (1.855
                           In the latest monthly edition of the Ena-  bcm) posted in the same month of last year.
                         gas Statistical Bulletin, the company reported   Part of that decline is a consequence of Alge-
                         that Spain had taken delivery of 8,752 GWh  ria’s decision to stop using the Gaz Maghreb-Eu-
                         (895.9mn cubic metres) of Russian gas in June  rope (GME) pipeline to deliver 9 bcm per year
                         2022, up from 2,163 GWh (221.4 mcm) in the  of gas to Spain due to diplomatic disputes with
                         same month of last year. This 304.6% year-on-  Morocco. (The latter country hosts a section of
                         year increase occurred even as the European  the GME, which begins at the Hassi R’Mel gas
                         Union sought to discourage its member states  field. Algiers did offer to make up for the halt of
                         from including Russia on their list of gas sup-  transit shipments through Morocco by increas-
                         pliers, in view of that country’s invasion of  ing deliveries through alternative routes, such as
                         Ukraine.                             the Medgaz pipeline, but it is not clear whether it
                           Russian supplies accounted for 24.4% of  has been able to keep this promise in full.)
                         Spain’s total gas imports in June, the Enagas   Meanwhile, Enagas noted that Algeria also
                         Statistical Bulletin added. This lifted Russia into  made a 25% supply cut this year, reducing gas
                         the position of the second largest supplier of gas  flows from 312 MWh (31.936 mcm) per day as of
                         to the Spanish market, second only to the US,  March 14 to 234 MWh (23.952 mcm) per day as
                         which has remained in first place for six months  of May 1. These more recent reductions occurred
                         in a row. US gas deliveries to Spain amounted  after Algerian authorities responded to the Span-
                         to 10,618 GWh (1.087bn cubic metres) in June,  ish government’s endorsement of a Moroccan
                         equivalent to 29.6% of all imports, the bulletin  plan to grant autonomy to Western Sahara by
                         noted.                               threatening to halt gas exports to Spain. ™



       P6                                       www. NEWSBASE .com                           Week 28   15•July•2022
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