HomeNewsRussian piped gas exports to Europe down 2.4%, may fall by half in 2023

Russian piped gas exports to Europe down 2.4%, may fall by half in 2023

10/31/2023

(Reuters) - Natural gas pipeline exports to Europe by Russia's Gazprom were down 2.4% in October compared to September, according to Reuters calculations based on volumes supplied via Ukraine and Turkey.

If supplies remain at approximately the same level in November-December, Gazprom’s exports to Europe in 2023 will be halved to 28-29 Bm3, Reuters calculations show.

Average daily pipeline exports in October fell to 88.4 Mm3 from 90.6 mcm in September, according to calculations based on data from European gas transmission group Entsog and Gazprom's daily reports on gas transit via Ukraine.

The Sudzha metering point on the Russia-Ukraine border, as well as the TurkStream pipeline that crosses the Black Sea, are the only functioning routes for piping Russian gas to Europe.

Gazprom has suspended disclosure of its export data. The company did not respond to a request for comment.

Gazprom's total natural gas supplies via pipelines to the European Union stood at around 2.74 Bm3 in October. That was approximately at the same level as in September when the figure stood at 2.72 Bm3.

Of that, some 1.45 Bm3, or 46.6 MMm3 per day, were sent via TurkStream.

Russia's piped gas exports to Europe totaled around 23 Bm3 in January-October this year. They totaled 62 Bm3 for the whole of 2022.

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