The Steep Decline In Russian Pipeline Gas Exports to Europe
In the wake of Russia's war in Ukraine and wider political tensions with the West, pipeline natural gas exports to Europe by energy giant Gazprom have declined by nearly 30 percent this past January from December, hitting a new monthly all-time low.
According to calculations, based on daily data of Russian gas exports via Ukraine and the TurkStream pipeline, Gazprom's gas exports to Europe fell in January to some 1.8 billion cubic meters (Bcm) from 2.5 Bcm in December.
Gazprom halted gas supplies last year via the Yamal-Europe pipeline which traverses Belarus, Poland and terminates in Germany, as well as through the undersea Nord Stream 1 & 2 pipelines, which were blown up in September and rendered inoperable for the foreseeable future.
Nord Stream 1, with annual capacity of 55 Bcm, was already standing idle at the time of the blasts due to a dispute related to the on land equipment maintenance.
Gazprom has not disclosed its own statistics on exports and output since the start of the year. The company has not responded to a request for comment.
The company had said its gas exports outside ex-Soviet Union fell last year by 45% to 100.9 Bcm. This was a post-Soviet low.