BAKU, Azerbaijan, July 28. In the first half of 2022, 39.11 billion cubic meters of natural gas were injected into the National Gas Transportation Network of Italy by Snam company, an increase compared with the first half of 2021 (+0.60 billion cubic meters, +1.6 percent) that reflected an increase in gas injected for export, notably at the Tarvisio entry point, Trend reports with reference to the company.
Snam’s latest report reveals that demand for gas in the first half of 2022, which was equal to 39.20 billion cubic meters, declined compared with the corresponding period of 2021 (-0.77 billion cubic meters, - 1.9 percent), reflecting the contraction in consumption in the residential and service sectors (- 1.06 billion cubic meters, -6.1 percent), mainly due to milder temperatures compared with the first half of 2021, especially in April and May, as well as a decline in consumption in the industrial sector (-0.32 billion cubic meters, -4.6%), due to the high commodity prices and supply difficulties.
These effects were partly offset by a growth in consumption in the thermal generation sector (+0.87 billion cubic meters, +6 percent), reflecting the contraction in hydroelectric generation caused by the extreme drought, partly offset by a decline in the use of natural gas in power generation due to rising prices. Net of climate effects, gas demand was equal to 38.78 billion cubic meters, a decrease of 0.11 billion cubic meters (-0.3 percent) compared with the first half of 2021 (38.89 billion cubic meters), in line with the expansion of energy efficiency measures.
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