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Data shows that Russian gas exports to Europe fell 18% m/m between June and July.

Calculations showed that the average daily supply of natural gas to Europe by Russian energy giant Gazprom via the TurkStream pipeline dropped by 18.3% from a year earlier in June due to maintenance on the infrastructure.

The only remaining transit route for Russian gas into Europe is through Turkey after Ukraine decided not to renew a transit agreement with Moscow that expired in January.

According to available data, the total Russian gas exports into Europe between January and June fell from 15.5 billion cubic meters to 8.33 bcm, when excluding supplies via Ukraine.

According to calculations based on data provided by the European Gas Transmission Group Entsog, Russian gas exports through the TurkStream pipeline decreased from 46 million cubic metres (mcm) per day per month in May to 37.6 mcm/day in June.

This is also down from the 39.5 mcm that was shipped along this route in May 2024.

Calculations show that Russian gas supplies via TurkStream to Europe increased by 6.8% during the first half of the year, compared to 7.8 bcm in the same period last year.

Gazprom has not responded to a comment request since 2023.

Gazprom's data and calculations indicate that Russia will supply 63.8 billion cubic meters of gas by different routes to Europe in 2022. This fell by 55.6% in 2023 to 28,3 bcm, but increased in 2024 to about 32 bcm.

In 2018-2019 the Russian gas flow to Europe peaked between 175 and 180 billion cubic meters. (Reporting done by Oksana KOBZEVA. Vladimir Soldatkin wrote the article. Mark Potter (Editing)

(source: Reuters)