Domestic gas consumption in Greece increased by 30.03%, according to DESFA's data for 2024.

WHICH FACTORS GAVE A BOOST

• the increase in the consumption of power plants (+31.59%)
• the increase in consumption by large industries and CNG stations directly connected to the National Transmission System (+74.13%)
• an increase in consumption by domestic consumers and enterprises connected to distribution networks (+4.83%)

DEMAND

In 2024, total demand (domestic consumption & exports) for natural gas increased by 2.23%, reaching 69.11 terawatt hours (TWh) from 67.6 TWh in 2023. An increase of 30.03% was recorded in domestic consumption, at 66.2 TWh from 50.91 TWh, while on the contrary, gas exports decreased by 82.56%, from 16.69 TWh in the previous year. 

Nevertheless, exports increased in the last quarter of 2024 to 2.91 TWh, mainly due to the start of commercial operation of the Alexandroupolis FSRU and the interconnection of the IGB pipeline with the National Gas Transmission System in Komotini. 

ΕNTRIES

Natural gas imports amounted to 69.37 TWh, up 2.45% compared to 67.71 TWh in 2023. The largest quantities were imported from:

• Ironstone entry point (51.6%)
• Revithoussa terminal (26.43%)
• New Mesimbria entry point (18.07%)
• Amfitriti entry point (Alexandroupolis FSRU) (3,87%)

THE LARGEST SUPPLIERS

USA: Remained the largest LNG supplier with 71.64% of total LNG imports, an increase of 24.56% compared to 2023
Russia: in second place with 2.86 TWh (15.3%), with volumes decreasing by 65.87% compared to 2023
Algeria: with 1.46 TWh (7.81%)

In last place in 2024 was Norway with 0.98 TWh (5.24%). Regarding the LNG Truck Loading service in Revithusa, 261 LNG trucks were loaded in 2024, handling a quantity of 11,632 m3 of LNG or 76,704 MWh of energy equivalent.

NATURAL GAS CONSUMERS

The largest share of domestic consumption (68.65%) is related to the consumption of power plants, which recorded an increase of 31.59% compared to the same period last year. Consumption by domestic consumers and enterprises connected to distribution networks amounted to 17.71%, an increase of 4.83% compared to the previous year. Finally, domestic industries and CNG stations, directly connected to the high-pressure system of DESFA, increased their gas use by 74.34% compared to 2023, covering 13.62% of domestic consumption for 2024.