Gazprom Boosts Gas Exports to Europe by 22% in March
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Gazprom increases gas exports

Russian pipeline gas exports to Europe rose 22% year-on-year in March amid the crisis in the Middle East.
Ирина Коваленко Reading time: 1 minute
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Gazprom

According to Reuters data released on Wednesday, average daily supplies of natural gas to Europe via the Turkish Stream undersea pipeline in March increased by 22% compared to the same month last year and reached 55 million cubic meters.

After Ukraine refused to extend a five-year agreement with Russia that was set to expire in January 2025, Turkey was left as the only route to transport Russian gas to Europe.

According to European gas transmission company Entsog, the total volume of Russian gas delivered to Europe via Turkish Stream last month was 1.7 billion cubic meters, 1.4 billion cubic meters more than in March 2024. Supply volumes have remained relatively stable since February.

In the first three months of this year, gas exports increased by 11% year-on-year to about 5 billion cubic meters. “Gazprom, which has not published monthly statistics since the beginning of 2023, did not respond to a request for comment.

Reuters also calculated that Gazprom’s gas exports to Europe fell 44 percent last year to just 18 billion cubic meters, the lowest since the mid-1970s after the Ukrainian route was closed. Russian pipeline gas exports to Europe peaked in 2018-2019 at around 180 billion cubic meters a year.



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