Export of Russian gas to Europe falls following the price

Export of Russian gas to Europe falls following the price

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The volume of Russian gas exports to Europe in May 2023 began to decline after three months of growth in February, March and April, according to data from Gazprom and the European Network of Gas Transportation System Operators (ENTSOG). In the period from May 1 to May 12, average daily supplies decreased by 11% compared to April to 68.2 million cubic meters. m. The export of Russian gas to Europe is now carried out only along two routes – in transit through Ukraine and along one of the branches of the Turkish Stream.

Gas transit through the gas transmission system (GTS) of Ukraine in April and May is declining after growth in February-March, according to Gazprom data. According to the monopoly, in April, pumping through Ukraine amounted to 1.19 billion cubic meters. m, or 39.8 million cubic meters. m per day. This is 3% less than in March (41.2 million cubic meters per day). From May 1 to May 12, transportation through the GTS averaged 39.3 million cubic meters. m per day.

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