Export of Russian pipeline gas to Europe up by 15% over 10 months

Business & Economy November 02, 4:40

Over the same period in 2023, pipeline gas deliveries to Europe amounted to about 23 bln cubic meters

MOSCOW, November 2. /TASS/. Russia’s export of pipeline gas to Europe increased by more than 15% in January-October 2024 to 26.52 bln cubic meters, according to TASS’ calculations based on Gazprom’s daily data on transit via Ukraine and figures provided by the European Network of Transmission System Operators for Gas (ENTSOG).

Over the same period in 2023, pipeline gas deliveries to Europe amounted to about 23 bln cubic meters. In FY 2023, Russian gas export in that direction roughly totaled 28.15 bln cubic meters, according to Gazprom and ENTSOG.

Total October gas deliveries from Russia to Europe equaled 2.8 bln cubic meters compared to 2.7 bln cubic meters in September and 2.74 bln cubic meters in October 2023. The Gas Exporting Countries Forum estimated them at 27 bln cubic meters. According to data provided by the International Energy Agency (IEA), supplies of Russian pipeline gas to Europe (including Turkey) fell to the lowest level since the beginning of the 1970s and amounted to 45 bln cubic meters in 2023.

In particular, volumes supplied to western and central European countries via the Ukrainian territory in January-October 2024 equaled 12.85 bln cubic meters, which is 7% higher than in the previous year. In October, the pumping rose by 3.5% month-on-month and 1.2% year-on-year to 1.3 bln cubic meters.

Deliveries via the TurkStream gas pipeline to southern and southeastern European states in January-October added almost one quarter to 13.66 bln cubic meters. In October, export of Russian gas to Europe in this direction edged up by 5% compared with September and by 3.5% compared with October 2023 to 1.49 bln cubic meters.

According to estimates by the Gas Exporting Countries Forum, supplies of pipeline gas from Russia to Europe in January-September 2024 increased by 3 bln cubic meters. According to the IEA, they rose by more than 10% (or by over 2 bln cubic meters).

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