Russian gas exports through pipelines to Europe decreased by 19.4% in March

Daily natural gas deliveries from Gazprom to Europe via the TurkStream pipeline have dropped by 19.4% this month compared to the previous month, according to Reuters calculations.
Turkey is now the only transit route for Russian gas to Europe, after Ukraine decided not to extend its transit agreement with Moscow for five years when it expired on January 1st.These calculations, based on data provided by the European gas transmission system operators’ network (ENTSOG), show that Russian gas exports via TurkStream decreased this month to 45 million cubic meters per day, from 55.8 million cubic meters per day in February and 46.4 million cubic meters per day in March 2024, reports Agerpres.The total amount of Russian gas to Europe via TurkStream was around 4.5 billion cubic meters (bcm) in the first three months of this year, compared to 7.7 bcm in the same period of 2024, according to Reuters calculations. Gazprom, which has not published monthly statistics since the beginning of 2023, has not responded to requests for comment.In 2022, Russia delivered a total of approximately 63.8 bcm of gas to Europe through various routes, according to Gazprom data and Reuters calculations. Last year, volumes decreased by 55.6% to 28.3 bcm. At its peak in 2018-2019, annual flows to Europe were between 175 bcm and 180 bcm.Read more HERE“