
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


Latest News

Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.

Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.

Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.

Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.

Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries

Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures

Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.

Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations

Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination

Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.