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GREEK NEWS

Νatural gas consumption in Greece down by 15.38% in Jan-Sep

October 17, 2023
Economy, FEATURED

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Natural gas consumption fell 15.38% in the January-September period this year compared with the corresponding period in 2022, the National Natural Gas System Operator DESFA said in a report released on Tuesday.

The Revythousa terminal station in Attica remained the main gate for natural gas imports in the country, followed by the Sidirokastro terminal in northern Greece where flows were down by around 30%.

Domestic natural gas consumption totaled 38.07 TWh in the 9-month period, from 44.98 TWh last year. Exports of natural gas through the Greek system totaled 14.52 TWh, down 28.89% from 2022.

Natural gas imports from the Revythousa terminal station accounted for 47.75% of total imports in the country, down 13.69% compared with the first nine months of 2022, totaling 24.04 TWh LNG from 34 taners.

A 38.92% of LNG imports came from the United States (9.36 TWh), followed by Russia (6.27 TWh), Egypt (3.02 TWh), Algeria (2.97 TWh), Norway (0.97 TWh), Nigeria (0.94 TWh) and Spain (0.51 TWh).

Electricity power producers were the biggest consumers accounting for 69.39% of domestic demand (26.42 TWh). Industries and CNG stations recorded a 54.85% increase in natural gas consumption, while consumption from distribution networks accounted for 21.46% of total demand.

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