LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the upcoming winter withdrawal season.
Italy recorded 4,373.49 GWh of LNG inflows, an increase of 23.37% from the previous week. Croatia received 675.02 GWh, up 2.1% week on week. While the volumes differ substantially, both markets registered higher LNG receipts during the period.
Greece recorded 387.97 GWh of LNG inflows. The reported 9.3% decline is measured against Week 36 rather than the immediately preceding Week 37, meaning it should not be interpreted as a direct week-on-week change without a matching-period comparison.
Higher LNG arrivals do not necessarily translate into increased gas-fired power generation. In Italy, for example, gas-fired electricity output fell 10.86% during Week 38, illustrating that LNG deliveries, storage activity, pipeline flows and power-sector gas demand can follow different timelines.
For Southeast European gas markets, the importance of stronger LNG inflows extends beyond individual terminals. Access to multiple supply entry points can improve regional supply flexibility, but the key question is how much gas can reach neighbouring markets and at what delivered cost as winter demand increases.
By Virtu.Energy
