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The Russian state-owned company Gazprom exports natural gas to Europe. It also controls many subsidiaries , including various infrastructure assets. [ 5 ] According to a study published by the Research Centre for East European Studies , the liberalization of the EU gas market drove Gazprom's expansion in Europe by increasing its share in the ...
About 14.65 billion cubic metres (bcm) of gas was supplied via Sudzha in 2023, or about half of Russian natural gas exports to Europe. EU gas consumption fell to 295 bcm in 2023.
The flow accounts for around half of Russia's total pipeline gas exports to Europe, with Slovakia, Italy, Austria and Czech Republic set to be most affected if it ends.
MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [32] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [33]
Until 2022, Russia was the world's largest exporter of natural gas, exporting over 250 billion cubic meters (bcm) of natural gas in some years. However, following the Russian invasion of Ukraine on February 24, 2022, Russian natural gas exports plummeted. The steep decline in exports was mostly caused by western countries sanctioning Russian ...
Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.
The U.S. and Russia have been the predominant producers of natural gas. [1] Russian natural gas production (red) and exports (black), 1993–2011 [needs update]. In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year. [2]