Spain is the world’s 49th-largest producer of natural gas and the country’s output decreased by 13% in 2022, over 2021. The country accounts for 0% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Spain in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.

Over the five years to 2022, production from Spain decreased by a CAGR of 21% and is expected to drop by a CAGR of 15% between 2023 and 2027.

The largest producers of natural gas in Spain are Sociedad de Hidrocarburos de Euskadi, Eni and Naturgy Energy Group. Sociedad de Hidrocarburos de Euskadi was the largest producer of natural gas in 2022 with output down by 10% on 2021.

Eni was the second-largest producer, with output down by 10%, and Naturgy Energy Group was third with a decrease of 10% on the previous year.

There are two natural gas producing fields in Spain, all located onshore. The Sevilla has the majority of the natural gas fields in the country with one.

For more detailed analysis of natural gas sector in Spain, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.  

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.