MADRID, March 9. /TASS/. Russia ranked third in liquefied natural gas (LNG) supplies to Spain in February 2024, according to data provided by Spanish energy company Enagas.
According to the report, Spain bought the equivalent of 5,337 GWh of LNG from Russia in February. As a result, Russia ranked third in terms of this fuel supply volumes to the country, behind only Algeria and the United States. However, this figure fell somewhat from February 2023 (5,465 GWh). In the first two months of 2024, Madrid purchased 14,024 GWh of gas, up from 11,837 GWh in the same period last year.
Enagas earlier reported that Spain would acquire 72,690 GWh of Russian LNG in 2023, up from 53,859 GWh in 2022. Thus, based on last year's data, Russia became the kingdom's third largest gas provider.
Russian Ambassador to Madrid Yuri Klimenko told TASS earlier, Spain has become the main buyer of Russian LNG in the European Union in 2022-2023. According to the diplomat, from an economic point of view, it would not profitable for the kingdom to break the large long-term contract signed with Russia. In addition, Klimenko drew attention to the fact that, using existing storage and regasification capacities, Spain is actively re-exporting part of its gas to other European countries.