In 2024, the European Union (EU) experienced a significant decrease in its imports of energy products, reaching a value of 375.9 billion euros and a total of 720.4 million tons. This reduction highlights a considerable decrease compared to the previous year, with a 16.2% drop in value and a 7.1% decrease in net mass.
Among energy products, crude oil showed a decrease in its import value of 4.7%, as well as a 2.4% decrease in volume. More significantly, liquefied gas imports took a hard hit, with a 39.1% drop in value and a 15.1% decrease in volume compared to 2023. Likewise, natural gas in gaseous form also saw significant decreases, falling 30.2% in value and 4.4% in volume.
The energy landscape of the EU in 2024 highlights the United States and Norway as its main suppliers. In the case of oil, the main partners were the United States, accounting for 16.1% of imports, followed by Norway with 13.5% and Kazakhstan with 11.5%. In contrast, liquefied natural gas had the United States as the main supplier, covering 45.3% of imports, while Russia and Algeria contributed 17.5% and 10.7%, respectively.
As for gaseous natural gas, Norway stood out as the largest origin, with an impressive 45.6% of imports, with Algeria and Russia in second and third place, providing 19.3% and 16.6%, respectively.
The decrease in energy imports reflects the complexities of the global energy market and the changing energy policies in the EU, which seeks to move towards more sustainable energy sources, a goal that is becoming increasingly urgent in the face of current challenges.
via: MiMub in Spanish