Gazprom is learning to live without Europe // The company’s exports in 2022 broke the anti-record
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Gazprom’s exports to its key foreign markets in 2022 fell by 46%, to 100.9 billion cubic meters, thereby reaching the lowest level in the history of the company. Almost the entire decline in exports fell on the EU countries, supplies to which decreased by 2.5 times. Against the backdrop of lower exports, Gazprom’s gas production will fall by 20% to a record low of 412.6 billion cubic meters. If current trends continue, in 2023 exports may fall by another 25%, and Gazprom’s share in the EU market will be half that of the United States.
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