DESFA: Domestic Natural Gas Consumption Up 29.76% in 1st Half of 2024

In the first half of 2024, Greece experienced a notable surge in natural gas consumption, driven by various sectors, according to data from the country’s National Natural Gas System Operator (DESFA).

Domestic usage rose sharply by 29.76%, reaching 30.78 Terawatt hours (TWh) compared to 23.72 TWh in the same period the previous year. However, overall demand for natural gas saw a slight decline of 7.14%, primarily due to reduced exports.

Imports of natural gas totaled 30.93 TWh, marking a decrease of 8.14% from 33.67 TWh in the first half of 2023.

The Sidirokastro entry point accounted for the largest share of imports at 15.7 TWh, representing 50.76% of the total.

The Revythoussa LNG Terminal remained a significant contributor, covering 29.74% of imports with 9.2 TWh, while the Nea Mesimvria entry point contributed 19.52% with 6.03 TWh.

During January to June 2024, LNG discharges at the Revythoussa Terminal amounted to approximately 8.96 TWh from 12 tankers, a decrease from 17.3 TWh delivered by 26 tankers in the same period last year.

Notably, 67.97% of these LNG imports originated from the USA, totaling 6.09 TWh.

Electricity producers continued to lead in natural gas consumption, accounting for 63.97% of domestic demand with 19.69 TWh, marking a significant increase of 30.92% compared to the previous year.

Industries and vehicle refueling stations connected to the national transmission system also saw a substantial rise of 141.36%, consuming 4.61 TWh, equivalent to nearly 14.97% of domestic demand.

Consumption from distribution networks in the first half of 2024 reached 6.48 TWh, covering 21.05% of total demand.

Source: tovima.com