Russia's Jan piped gas exports to Europe down 4%
(Reuters) - Natural gas supplies to Europe by Russian energy giant Gazprom GAZP.MM edged down in January by 4.1% to 2.53 bcm from December, but jumped by almost 41% from the same month in 2023.
The calculations, based on data from the European gas transmission group Entsog and Gazprom's daily reports on gas transit via Ukraine, showed that average daily pipeline exports of Russian gas to Europe declined to 81.6 MMcm last month from 85.1 MMcm in December.
This was up from 58.08 MMcm in January 2023.
Russia's gas exports to Europe, once its primary export market, have fallen sharply because of the political fallout from the conflict in Ukraine.
Russia supplied a total of around 63.8 bcm of gas to Europe by various routes in 2022, according to Gazprom data and Reuters calculations. The volumes plummeted further, by 55.6%, to 28.3 bcm last year.
At their peak in 2018-2019, annual flows reached 175-180 bcm.
Gazprom is boosting supply of gas to China instead. Total pipeline gas exports to the country reached 22.7 Bcm in 2023, nearly 1.5 times more than the 15.4 bcm shipped in 2022.
Gazprom has not published its own statistics since the start of 2023. It did not immediately reply to a request for comment.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- CB&I awarded EPC contract for two LPG storage spheres in Canada
Comments