Gazprom nat gas exports to Europe increase in February

Gazprom average daily gas exports via pipeline to Europe rose 17% in the first half of February from January due to deliveries via Turkey, according to Reuters calculations based on export data.

With no Russian gas flowing through either Yamal-Europe or Nord Stream, the only routes for natural gas supplies to Europe are through Ukraine and the Turkstream pipeline across Black Sea. Gazprom's average daily deliveries to Europe for the first 15 days of February increased to 67.8 MM cubic meters vs. 58.1 MM cubic meters per day on average in January, according to data from the European Network of Transmission System Operators for Gas (ENTSOG) and from Gazprom data on supplies via Ukraine.

Gas pipeline exports to Europe in the first half of February totaled 1 B cubic meters, according to Reuters calculations. Gazprom, which previously disclosed export data twice a month, has since the beginning of 2023 stopped publishing such data. Gazprom did not respond to a request for comment on the calculations. Gazprom, which holds the world's largest natural gas reserves, was formed out of the Soviet gas industry ministry as the Soviet Union crumbled. It is one of Russia's biggest taxpayers. Russia and Turkey formally launched TurkStream with capacity of 31.5 B cubic meters per year in January 2020.

The pipeline carries Russian natural gas to southern Europe through the Black Sea and Turkey. Gazprom's supplies to the European Union via Turkstream and Ukraine totaled about 1.02 B cubic meters in the first 15 days of February, of which about 560 MM cubic meters, or 37.3 MM cubic meters per day, were sent via the Turkish Stream, according to Reuters calculations. Transit through Ukraine amounted to about 458 MM cubic meters, or an average of 30.5 MM cubic meters per day.

In December last year, exports to Europe via these two routes amounted, according to Reuters calculations, to 2.5 B cubic meters, of which 1.2 B, or 39.6 MM cubic meters per day, went through Turkey. In January, deliveries amounted to about 1.8 B cubic meters, having decreased by almost 30% by December. For 15 days in January, exports to Europe were at the level of 955 million cubic meters. The throughput capacity of each thread of the Turkish Stream is 15.75 B cubic meters, or 43.1 MM cubic meters per day. One thread is intended for Turkey, the second for European consumers.

• Most Read
• Most Commented