Consultant photograph
| Picture Credit score: Reuters
Russian power large Gazprom’s common day by day pure gasoline provides to Europe declined in August by 2% from July and a couple of.3% yr on yr, Reuters calculations confirmed on Monday (September 2, 2024).
The calculations, primarily based on knowledge from the European gasoline transmission group Entsog and Gazprom’s day by day experiences on gasoline transit by way of Ukraine, confirmed that common day by day pipeline exports decreased to 89.6 million cubic metres (mcm) final month.
That was down from 91.5 mcm in July this yr and 91.7 mcm in August 2023.
Gazprom’s whole pure gasoline provides to the European Union stood at about 2.78 billion cubic metres (bcm) in August, the information confirmed. Of that, 1.29 bcm, or 41.7 mcm per day, was despatched by way of Ukraine.
Gasoline transit by way of Ukraine was barely beneath historic ranges owing to preventing within the Kursk area, location of the final trans-shipping level for Russian pure gasoline to Western and Central Europe.
Gazprom’s pure gasoline exports to Europe this yr have reached about 21.1 bcm to date and are up 19.2% yr on yr.
The corporate, which has not revealed its personal month-to-month statistics for the reason that begin of 2023, didn’t reply to a request for remark.
Russia equipped a complete of about 63.8 bcm of gasoline to Europe by numerous routes in 2022, Gazprom knowledge and Reuters calculations present. The quantity decreased by 55.6% to twenty-eight.3 bcm final yr.
At their peak in 2018-2019, annual flows to the area reached between 175 bcm and 180 bcm.
