Russian gas exports to Europe declines by 11% in May 1-15 - Reuters calculations

Kitco Media
By Reuters
Published:
Updated:
Reuters
MOSCOW, May 15 (Reuters) - Russian pipeline gas exports have declined by 11.4% in the first half of May from April's average level, Reuters calculations showed on Monday, against a background of low spot prices. Average gas supplies to Europe by Kremlin-controlled energy giant Gazprom decreased so far in May to 67 million cubic metres per day from 75.6 million cubic metres per day in April. Gazprom, which has stopped publishing its own export statistics, did not respond immediately to a request for comment. Total Russian gas supplies via Ukraine and TurkStream, the only remaining routes for the fuel from Russia to Europe, have reached around 1 billion cubic metres so far in May.


Of that, some 412 million cubic metres, or 27.5 million cubic metres per day, were sent via the TurkStream, the lowest since January, according to Reuters' calculations. Russian gas supplies to Europe have so far been at around 9.1 billion cubic metres this year, according to Reuters calculations, in comparison with 62 billion cubic metres for the whole 2022. (Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; Editing by Louise Heavens)

@vsoldatkin;))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.