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Greece: Gas consumption fell by 22% in 2023

Natural gas consumption in Greece decreased by 21.6% in 2023 compared with the previous year, the Hellenic Gas Transmission System Operator (DESFA) said in a report.

Demand for natural gas fell to 67.6 TWh in 2023, compared to 86.18 TWh in 2022.

Domestic consumption fell 10.1% to 50.91 TWh and exports dropped 43.5% to 16.69 TWh.

Natural gas imports totaled 67.71 TWh in 2023, down 21.1% from 2022. 

The Revythousa terminal station remained the main import gate for natural gas in the country, followed by the Sidirokastro terminal.

Revythousa accounted for 43.6% of imports (41 LNG tankers with 28.52 TWh of LNG from seven countries). 

The US remained the largest LNG importer for Greece (10.75 TWh and a market share of 37.7%), followed by Russia (8.38 TWh), Egypt (3.5 TWh), Algeria (3.47 TWh), Norway (0.97 TWh), Nigeria (0.94 TWh) and Spain (0.51 TWh).

Electricity power plants were the biggest consumers of natural gas (67.8%), followed by households (22%).

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