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Russia’s Nov pipeline gas exports to Europe up 8.7% y/y, calculations show

Tuesday, 03 December 2024 | 01:00

Russian gas producer Gazprom’s GAZP.MM average daily supply to Europe in November was up by 8.7% from a year earlier and up by 1.5% versus October, Reuters calculations showed on Monday.

Gazprom’s average daily pipeline exports increased to 92.0 million cubic metres (mcm), calculations based on data from European gas transmission group Entsog and Gazprom’s daily reports on gas transit via Ukraine showed.

That was up from 90.6 mcm in October and from 84.6 mcm in November 2023.

Its supply to the European Union stood at about 2.76 billion cubic metres (bcm) in November, the data showed, including 1.49 bcm, or 49.7 mcm per day, sent via Turkey.

Gas transit via Ukraine averaged around 1.27 bcm last month, or 42.3 mcm per day, unchanged despite Russia halting gas exports to Austria’s OMV OMVV.VI in mid-November over a contractual dispute.

Gazprom’s exports to Europe this year have reached about 29 bcm so far, up 14% year on year.

They are on track to rise to around 32 bcm in 2024.

Gazprom, which has not published its own monthly statistics since the start of 2023, did not respond to a request for comment.

Russia supplied about 63.8 bcm of gas to Europe by various routes in 2022, Gazprom data and Reuters calculations show. That fell by 55.6% to 28.3 bcm last year.

At their peak in 2018-2019, annual flows to Europe reached between 175 bcm and 180 bcm.
Source: Reuters (Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; editing by Jason Neely)

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