Cold weather boosts Spanish natural gas demand
Natural gas demand in Spain in February closed the month with a 16.9 percent increase year on year, reaching 34.1 TWh, according to the Spanish LNG terminal operator, Enagás.
The increase in demand came mostly from the industrial sector as a response to the lower temperatures which also spurred the rise in demand for natural gas used in power generation.
Enagás noted that industrial sector, which represents over 50 percent of the total natural gas consumption, used up 17.3 TWh in February, adding that the consumption kept rising since May 2016.
Conventional demand, which covers use by homes, businesses and industries, grew 15.5 percent in February compared to the corresponding month in 2016 reaching 29.6 TWh.
The increase in electricity demand boosted the demand for natural gas from the power generation sector which saw an increase of 26.9 percent, reaching 4.5 TWh, Enagás said.