Consultant picture | Photograph credit score: Reuters
Russian power big Gazprom’s common each day pure fuel provides to Europe fell 2% in August from July and a pair of.3% year-on-year, Reuters calculations confirmed on Monday (Sept 2, 2024).
The calculations, primarily based on knowledge from European fuel transmission group Entsog and Gazprom’s each day reviews on fuel transit via Ukraine, confirmed that common each day pipeline exports fell to 89.6 million cubic metres (mcm) final month.
This determine represents a discount in comparison with the 91.5 million cubic meters in July this yr and the 91.7 million cubic meters in August 2023.
Gazprom’s whole pure fuel provides to the European Union amounted to about 2.78 billion cubic meters (bcm) in August, the information confirmed. Of that, 1.29 billion cubic meters, or 41.7 million cubic meters per day, had been shipped through Ukraine.
Gasoline transit via Ukraine was barely under historic ranges on account of combating within the Kursk area, the situation of the final transshipment level for Russian pure fuel to Western and Central Europe.
Gazprom’s pure fuel exports to Europe this yr have reached about 21.1 bcm to this point and are up 19.2% year-on-year.
The corporate, which has not revealed its personal month-to-month statistics since early 2023, didn’t reply to a request for remark.
In line with Gazprom knowledge and Reuters calculations, Russia equipped a complete of about 63.8 bcm of fuel to Europe through numerous routes in 2022. The quantity fell 55.6% to twenty-eight.3 bcm final yr.
At their peak in 2018–19, annual flows into the area reached between 175 bcm and 180 bcm.
