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The Spanish gas system stands out as the most diversified and secure in Europe, with 31.2 bcm of imports in 2012 servicing 7.2 million clients. Utilizing 60% LNG from 12 different origins and supported by 6 regasification terminals, Spain's gas infrastructure is robust. This sector not only promotes employment, generating over 150,000 jobs and €6.373 billion in value added, but it also plays a vital role in regional energy security. Advancing the South-West corridor and integrating the Iberian gas market is essential for fostering energy convergence in southern Europe.
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The role of gas in the energy mixThe Spanish case Marta MargaritGeneral SecretaryBrussels, April 2013
Current Situation • The Spanish gas system is the most diversified and secure in Europe Origin of imports, 2012 31,2 bcm 7,2 millions clients 76% territory 60% LNG 12 different origins 6 regasification terminals 6 interconnections Underground storage Source : Enagás
Challenge • Employment • Productivity • Opportunity • 6,373 millions of Value Added • More than 150,000 jobs (direct and indirect)
What is needed The South-West corridor should remain explicit in the package of infrastructures The Iberian Peninsulaispart of the main South-West corridor. *MIDCAT is an opportunity to provide more energy security, convergence of prices and market integration • Iberian HUB for southern Europe Iberian gas market should be an integrated market according to the gas target model