Domestic gas supply
Spain has currently three active natural gas producing sites. In total, they produced roughly 540 gigawatt hours of natural gas in 2023, accounting for less than one percent of the country's consumption. Although Spain’s natural gas production is negligible, supply is highly diversified. The country receives natural gas via pipeline and liquified natural gas (LNG) from multiple countries. In 2023, the United States was the second-leading origin for Spain’s natural gas imports, accounting for over 20 percent of imports. Algeria, which is connected to Spain by two major pipelines, was the country's largest natural gas supplier.Liquified natural gas in Spain
In 2023, almost 70 percent of the natural gas imported by Spain was in the form of LNG. In fact, the country has the largest regasification capacity in Europe and the fourth largest worldwide. Spain is also home to seven operating regasification plants located in Barcelona, Huelva, Sagunto, Cartagena, Bilbao, Mugardos, and Gijón. The last one started operation in 2023 after remaining idle for more than 10 years. Combined, the seven regasification plants have a storage capacity of roughly 3.4 billion cubic meters.Natural gas is an important source of energy in Spain, which is used extensively for heating and electricity generation purposes. Although Spain has virtually no autochthonous natural gas production, its supply is highly diversified, importing natural gas via pipeline and LNG from several countries. Spain is among the countries with the largest regasification capacity worldwide.