Green Tank: Zero contribution of Russian gas to domestic consumption – For the first time since the 90s

For the first time since the 1990s, when the supply of Russian natural gas began, in January gas imports from Russia to cover domestic consumption were zero. Data on gas consumption also show that Greece exceeds the savings target set by the EU.

These result from Green Tank’s analysis of trends in the import and consumption of natural gas during the first month of the year. Specifically, according to Green Tank:

-In January 2023, gas imports from Russia covering domestic consumption were zero, for the first time since the start of Russian gas imports to Greece through the Sidirokastro gate (all Russian gas volumes through Sidirokastro were exported to Bulgaria) . Conversely, imports of liquefied natural gas (LNG) continued to increase through the Holy Trinity gateway. The quantities of LNG imported by the country in January 2023 were 3.9% higher compared to January 2022. LNG was by far the main source of gas for the country in the same month at 3.9 TWh, an amount practically equal to total domestic consumption, and a share of 77.2% of the total natural gas flows imported by Greece. Imports from the TAP pipeline via Nea Mesimvria decreased compared to January 2022 (-18.4%) contributing 1.09 TWh and occupying a share of 21.5%, while the quantity imported from Turkey via Kipi was very low (0 .07 TWh and a share of 1.3%).

– In the first six months (August-January) of the eight-month reduction period in fossil gas consumption set by the European Union, Greece is at -22.6% compared to the five-year average, thus exceeding the European target of -15% .

– Continuing the downward trend of 2022, in January 2023, natural gas consumption was down 37.8% compared to January 2022. January 2023 was the tenth consecutive month where a month-over-month decrease was observed of the previous year (April 2022-January 2023).

-In January the total domestic consumption was 3.93 TWh, the lowest for the month of January for at least the last 6 years. The overall decrease of 2.39 TWh in January compared to the same month in 2022 came primarily from power generation (-1.56 TWh), secondarily from distribution networks (-0.79 TWh), and much less from industry (- 0.04 TWh) that had already started to reduce gas use from 2021.

RES-EMP

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