Exports of Russian pipeline gas to Europe down 19% in March month-on-month
Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline fell by 19.4% in March from a month earlier, Reuters calculations showed on Monday.
Turkey is the only transit route left for Russian gas to Europe after Ukraine chose not to extend a 5-yr transit deal with Moscow when it expired on January 1.
Calculations based on data from European gas transmission group Entsog showed that Russian gas exports via the TurkStream pipeline fell to 45 MMm3d this month from 55.8 MMm3d in February. That was also down from 46.4 MMm3d in March 2024.
Total Russian gas supplies to Europe via TurkStream stood around 4.5 Bm3 in the first three months of this year, compared to 7.7 Bm3 during the same period a year earlier, according to calculations.
The company, which has not published its own monthly statistics since the start of 2023, did not respond to a request for comment.
Russia supplied about 63.8 Bm3 of gas to Europe by various routes in 2022, Gazprom data and Reuters calculations show. That plummeted by 55.6% to 28.3 Bm3 in 2024, but increased to around 32 Bm3 in 2024.
At their peak in 2018–2019, annual gas flows to Europe reached between 175 Bm3 and 180 Bm3.
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