Last month, gas and LNG shipments from Russia represented, despite sanctions, 15% of the total supply to the EU and beyond
Russia will once again become Europe’s main gas supplier in May, surpassing the United States for the first time in two years. He writes it Financial Timesexplaining that the reversal indicates the old continent’s difficulty in reducing its dependence on Russian gas, with several Eastern European countries still dependent on imports from Moscow.
According to ICIS (Independent Commodity Intelligence Service) data, cited by the British newspaper, last month gas and LNG shipments from Russia represented, despite the sanctions, 15% of the total supply to EU, United Kingdom, Switzerland, Serbia, Bosnia and Herzegovina and North Macedonia.
In fact, Moscow still continues to guarantee supplies to Europe via the gas pipelines that cross Ukraine and Turkey. The liquefied gas coming from United States instead it stopped at 14% of the supply to the region, marking the lowest level since August 2022.
According to Icis analysts, the situation should however only be contingent and not last long. May flows were indeed affected by several one-time factors, including an outage at a major export facility for US LNG. Russia instead sent more gas through Turkey ahead of pipeline maintenance scheduled for June.
#Europe #Russia #gas #supplier #sanctions #depend #Moscow