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Spain gas demand down in Feb

Source: Reuters - Wed 16th Mar 2011

Enagas said demand by homes and businesses rose 4.3%, after adjusting for milder temperatures and differences in working days.

The operator noticed that gas-fired plants faced additional competition from coal as of Feb. 26, when a new law came into effect which requires plants to burn home-produced coal.

Gas demand has also fallen due to an increase in Spain's capacity to generate wind power, of which it is now the world's fourth-largest producer.

In February Spain had to import 99.3% of its gas supplies, mostly from Algeria and the majority in the form of liquefied natural gas, of which it is the world's third-largest importer.

Gas imports from Algeria may soar later this month, when the 8 billion cubic metre per year Medgaz pipeline is due to come onstream after several delays.

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