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Greece’s natural gas: domestic consumption declines, exports increase

The consumption of natural gas in Greece recorded a 21.74 per cent reduction compared to last year, according to the Gas Transmission System Operator DESFA.

In the first half of 2023, the Revithoussa Terminal served as the primary gateway for natural gas entry into the country, while the flows at the Sidirokastro entry point nearly doubled compared to the same period last year.

According to DESFA data, the domestic consumption of natural gas in Greece experienced a decline of 21.74 per cent during the first half of 2023, totalling 23.72 Terawatt hours (TWh), compared to 30.31 TWh in the corresponding period of the previous year. On the other hand, natural gas exports witnessed an increase of 15.03 per cent, amounting to approximately 9.9 TWh compared to the previous year.

greece
Source: DESFA.

The quantities of natural gas imported into the country from the Revithoussa LNG Terminal (Agia Triada entry point) amounted to 55.5 per cent of the total imports, indicating a 7.87 per cent increase compared to the first half of 2022. Specifically, approximately 17.3 TWh of LNG were unloaded from 26 tankers originating from 6 different countries. Among these LNG quantities, 41.38 per cent came from the USA, totalling 7.16 TWh. Russia ranked second with imports of 3.17 TWh, followed by Egypt (3.02 TWh), Algeria (2.48 TWh), Norway (0.97 TWh) and Spain (0.51 TWh).

In regards to the contribution of the remaining entry points, a significant decrease of 45.85 per cent was recorded in the imports from the Sidirokastro entry point, constituting 21.44 per cent of the total imports (7.22 TWh). The Nea Mesimvria entry point, responsible for gas delivery through the TAP pipeline, accounted for 20.14 per cent of imports (6.78 TWh). Additionally, Kipi of Evros (Greek-Turkish borders) covered 2.92 per cent of imports (0.98 TWh).

In terms of natural gas consumer categories, power producers continue to record the highest consumption, covering 63.4 per cent of domestic demand with 15.04 TWh out of a total consumption of 23.72 TWh. Natural Gas consumption by industries and CNG vehicle refuelling stations, directly connected to the NNGTS, experienced a noteworthy 14.31 per cent increase, amounting to 1.91 TWh, equivalent to nearly 8.06 per cent of domestic demand. Consumption from distribution networks during the first half of 2023
reached 6.77 TWh, covering 28.54 per cent of the total demand.

According to the company, DESFA’s infrastructure contributed substantially to the diversification of natural gas supply sources and to the strengthening of the security of supply.

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