
In the first half of 2024, Greece experienced a notable surge in natural gas consumption, driven by various sectors, according to data from the country’s National Natural Gas System Operator (DESFA).
Domestic usage rose sharply by 29.76%, reaching 30.78 Terawatt hours (TWh) compared to 23.72 TWh in the same period the previous year. However, overall demand for natural gas saw a slight decline of 7.14%, primarily due to reduced exports.
Imports of natural gas totaled 30.93 TWh, marking a decrease of 8.14% from 33.67 TWh in the first half of 2023.
The Sidirokastro entry point accounted for the largest share of imports at 15.7 TWh, representing 50.76% of the total.
The Revythoussa LNG Terminal remained a significant contributor, covering 29.74% of imports with 9.2 TWh, while the Nea Mesimvria entry point contributed 19.52% with 6.03 TWh.
During January to June 2024, LNG discharges at the Revythoussa Terminal amounted to approximately 8.96 TWh from 12 tankers, a decrease from 17.3 TWh delivered by 26 tankers in the same period last year.
Notably, 67.97% of these LNG imports originated from the USA, totaling 6.09 TWh.
Electricity producers continued to lead in natural gas consumption, accounting for 63.97% of domestic demand with 19.69 TWh, marking a significant increase of 30.92% compared to the previous year.
Industries and vehicle refueling stations connected to the national transmission system also saw a substantial rise of 141.36%, consuming 4.61 TWh, equivalent to nearly 14.97% of domestic demand.
Consumption from distribution networks in the first half of 2024 reached 6.48 TWh, covering 21.05% of total demand.
Source: tovima.com


Latest News

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.