Here’s the translation to American English:
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In the first quarter of 2025, the European Union experienced a slight increase in the value of energy product imports, reaching €95.3 billion, corresponding to a total of 176.4 million tons. This increase of 0.3% compared to the same period in 2024 contrasts with a decrease of 3.9% in the total volume of imports.
A closer analysis of the figures reveals a diverse picture. Oil imports suffered a significant decline, with an 11.9% reduction in value and an 8.0% decrease in volume. In contrast, liquefied gas showed notable growth, reflecting a 45.3% increase in value and a 12.1% increase in volume. In the case of natural gas, while its value increased by 19.0%, the imported volume contracted by 12.1%.
When comparing the monthly averages of the first quarter of 2025 with those of the previous year, there was a decline in oil imports, with a 9.4% decrease in value and a 7.1% decrease in volume. In contrast, the figures for natural gas were more encouraging. Liquefied gas imports grew by 55.0% in value and 24.7% in volume, while gaseous gas experienced a 6.4% increase in value, despite a 13.8% decline in volume.
Regarding the main fuel suppliers, the United States stood out as the largest partner in oil imports, accounting for 15.0% of the total value. Norway and Kazakhstan followed with shares of 13.5% and 12.7%, respectively. In terms of liquefied gas, the United States also ranked as the leader, with an impressive 50.7% of the total value, followed by Russia at 17.0% and Qatar at 10.8%. In the domain of gaseous natural gas, Norway dominated imports, with over 52.6% of the total, while Algeria and Russia held the second and third positions with 19.4% and 11.1%, respectively.
Source: MiMub in Spanish
