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Spain is a significant consumer of oil and gas, relying heavily on imports to meet its energy needs. The country's oil consumption is estimated to be around 1.2 million barrels per day (bpd), while its gas consumption is around 42 billion cubic meters (bcm) per year. Spain's oil and gas market is expected to grow in the coming years, driven by increasing demand from the transportation and power generation sectors.
The Spanish government is a major buyer of oil and gas products and services. In 2021, the government procured over €10 billion worth of oil and gas products and services. The government's main oil and gas procurement needs include crude oil, refined petroleum products, natural gas, and liquefied natural gas (LNG).
The Spanish government procures a wide range of oil and gas products and services, including:
Crude oil
Refined petroleum products (e.g., gasoline, diesel, jet fuel)
Natural gas
Liquefied natural gas (LNG)
Oil and gas exploration and production services
Oil and gas transportation and storage services
Oil and gas refining services
The top authorities for Spain oil and gas procurement are:
The Ministry of Industry, Commerce and Tourism
The Ministry for the Ecological Transition and the Demographic Challenge
The National Energy Commission (CNE)
The top winners of Spain oil and gas procurement contracts in recent years include:
Repsol
Cepsa
Enagás
Naturgy
Gas Natural Fenosa
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