EU’s October Gas Imports: Gazprom’s Shipments to Europe up 1% m/m

Ukraine is still consuming Russian gas! (with 5 charts)

To assess the success of European efforts to shift away from Russian gas, the EOA issues a monthly tracker of the EU’s gas imports through pipelines from Russia, Azerbaijan, Norway, and North Africa (Algeria and Libya), as well as LNG cargoes from global players like the US, Qatar, and Nigeria. The tracker aims to highlight changes in the EU’s imported gas supplies and the extent of reducing dependency on Russia.

Gas shipments from the Russian energy giant Gazprom to Europe (EU and Ukraine) increased by 1% month-on-month in October, reaching 2.64 billion cubic meters (bcm), the second highest monthly figure so far this year (Figure 1), according to the EOA’s calculations and data from the European gas transmission platform (ENTSOG).

 Gazprom shipped 1.276 bcm of gas via Ukraine through the Sudja gas station on the Russian-Ukrainian border, out of which 0.207 bcm of gas was offloaded in Ukraine , while the remaining volume of 1.069 bcm was shipped to the EU member states. Gazprom’s daily gas exports through the Sudja metering point dropped slightly in October to 41.2 mcm, down from 41.4 mcm in September.