Finance
Spain's LNG imports rise almost 20% from last year, with US as main supplier
Published by Global Banking & Finance Review®
Posted on March 10, 2026
2 min readLast updated: March 10, 2026
Quick Summary
Spain’s LNG imports in February rose nearly 20% year-on-year to 31,422 GWh, with the U.S. supplying 33.8% and overtaking Algeria. Russian supply dropped sharply, now accounting for 14.6% of total imports, down by around 52%.
Spain LNG Imports Up 20% in February as US Overtakes Algeria as Top Supplier
Spain's LNG Import Trends and Key Suppliers in February
US Becomes Leading LNG Supplier to Spain
March 10 (Reuters) - Liquefied natural gas from the United States made up 33.8% of Spain's total gas imports in February, as the country's gas imports rose almost 20% from the same month last year, data showed on Tuesday.
The U.S. has become Europe's dominant supplier of LNG as the region pushed to phase out energy imports from Russia in the wake of its invasion of Ukraine.
Spain's February Gas Import Volumes
Overall Import Growth
In February, Spain imported the equivalent of 31,422 gigawatt-hours (GWh) of gas, sharply up from the 26,318 GWh it imported a year earlier, according to data from Spanish gas grid operator Enagas.
Breakdown by Country of Origin
United States
Spain imported 10,612 GWh of gas from the United States, while Algeria, traditionally Spain's largest gas supplier, which mostly pumps gas directly to Spain through pipelines, was the second biggest supplier with 9,151 GWh of gas, about 29% of the total imported.
Algeria
Algeria, traditionally Spain's largest gas supplier, was the second biggest supplier with 9,151 GWh of gas, about 29% of the total imported.
Russia
Natural gas imports from Russia accounted for 14.6% of supply in February, declining roughly 52% in absolute terms from a year ago.
Reporting Credits
(Reporting by Joao Manuel Mauricio in Gdansk; Editing by Emma Pinedo)
Key Takeaways
- •Spain’s total gas imports in February 2026 stood at 31,422 GWh, up from 26,318 GWh in February 2025, marking an almost 20% increase (english.news.cn).
- •The U.S. supplied 10,612 GWh of LNG, representing 33.8% of Spain’s imports, making it the top supplier ahead of Algeria’s 9,151 GWh (around 29%) (english.news.cn).
- •Russian gas imports accounted for 14.6% of Spain’s total in February, falling roughly 52% in absolute terms compared to a year earlier (elpais.com).
- •In 2025 overall, U.S. LNG made up about 30% of Spain’s total gas imports—up from 16.6% in 2024—highlighting a rapid shift in supplier dynamics (gasprocessingnews.com).
- •This trend mirrors a broader EU shift: U.S. LNG accounted for roughly 57–60% of Europe’s total LNG imports in early 2026, underscoring growing transatlantic energy dependence (ieefa.org).
References
- U.S. overtakes Algeria as Spain's largest supplier of natural gas in January
- España duplica las compras de gas a EE UU en el primer año del regreso de Trump a la Casa Blanca
- Spain's LNG imports from U.S. soar to nearly a third of gas supply in 2025 | Gas Processing & LNG
- European LNG Tracker | IEEFA
- EU risks new energy dependence as US could supply 80% of its LNG imports by 2030 | IEEFA
Frequently Asked Questions about Spain's LNG imports rise almost 20% from last year, with US as main supplier
1How much did Spain's LNG imports increase in February compared to last year?
Spain's LNG imports rose nearly 20% in February compared to the same month last year.
2Who is Spain's largest LNG supplier as of February?
The United States became Spain's largest LNG supplier in February, providing 33.8% of total imports.
3How much LNG did Spain import from the US in February?
Spain imported 10,612 gigawatt-hours (GWh) of LNG from the United States in February.
4How has Russian gas supply to Spain changed?
Natural gas imports from Russia accounted for 14.6% of Spain's supply in February, declining roughly 52% from a year earlier.
5Who was the second largest gas supplier to Spain in February?
Algeria was the second largest gas supplier, delivering 9,151 GWh, about 29% of Spain's imports.
