EU’s September Gas Imports: Shipments from Gazprom Down 4.4% m/m

Some European countries are still dependent on gas from Russia to meet local demand (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) dropped by 4.4% month-on-month in September, reaching 2.61 billion cubic meters (bcm), according to EOA’s calculations and data from the European gas transmission platform (ENTSOG). While this is the first monthly drop since May, the figure remains higher by 18.9% year-on-year since Gazprom halted supplies through the Nord Stream 1 pipeline following an engine oil leak at the last operating turbine at the Portovaya compressor station (Figure 1).