A closer look at Spanish imports of Algerian gas indicates a sharper drop in the use of the GME pipeline which traverses Morocco compared to the Medgaz pipeline which connects directly to Spain. Whilst both routes saw volumes fall in the first nine months of 2019, the 58% fall to 3.21bcm in GME volumes far exceeds the 19% fall to 4.15bcm in Medgaz shipments.

The 11.5bcm/y-capacity GME pipeline has long been the key conduit for Algeria-to-Spain shipments: though Medgaz shipments have increased since the second route started up in 2011 they have never surpassed GME on an annual basis. But they are set to do so this year (see chart 2). (CONTINUED - 305 WORDS)