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Russia: Gas supplies to Europe fell 27% in January-April, exports to China soared

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Russian gas supplies to EU countries and Turkey fell sharply between January and April compared to the same period in 2021, while those in China skyrocketed, Gazprom announced today.

< "Exports to non-CIS countries (including the EU and Turkey) amounted to 50.1 billion cubic meters, or 26.9% less than in the same period in 2021," the group said in a statement. from the Russian state, without giving an explanation.

Gazprom says it will continue to supply gas “in full compliance with contractual obligations”. , at 175.4 billion cubic meters.

At the same time, deliveries to the domestic market fell by 3.7% “mainly due to the high temperatures in February”.

In contrast, exports to China soared through a 60% year-over-year increase through the Power of Siberia pipeline. 6.9 billion cubic meters.

“To achieve the 90% occupancy target at storage facilities set by the European Union, companies will have to pump an additional 56 billion cubic meters of gas,” he added. “The replenishment of natural gas reserves in underground facilities in Europe is a very serious challenge,” the Russian energy giant said, noting that gas supply to the European market is highly dependent on demand in the growing Asian market. “

Energy prices are soaring in Europe, as the EU has not yet imposes embargo on Russian oil and gas.

RES

Source: politis.com.cy

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