Russia sets record gas exports to Spain
Spain imported a record monthly volume of natural gas from Russia in March 2024, according to a report by El País. Imports doubled compared to February, reaching an all-time high of nearly 10,000 GWh. This surge occurred during the first month of the war in the Middle East, and it comes despite EU sanctions, which allow the import of Russian gas until 2027.
Experts now link the record imports directly to disruptions in the Strait of Hormuz caused by the Iran conflict, explaining the trend as companies seek alternatives due to reduced exports from the region.
The report specifies that imports doubled compared to February, reaching nearly 10,000 GWh, and notes the EU's policy allowing imports through at least 2027.
The report clarifies the record surge occurred in March 2024, the first month of the war in the Middle East.