In January-February 2024, pipeline gas imports from Russia to European Union (EU) countries increased by 25 percent compared to the same period last year. writes about this TASS According to data from the Gas Exporting Countries Forum (GECF).
According to GECF data, the blue fuel supply to the EU through pipes in two months increased by 6% on an annual basis to 25.7 billion cubic meters.
Russian gas accounted for 18% of total pipeline imports to Europe in January-February. The share of Norway, the largest supplier, was 58%. As previously reported, a noticeable increase in supplies from the Russian Federation to Europe was achieved in approximately equal volumes through the territory of Ukraine and along one of the Turkish Stream lines.
The agreement with Ukraine on the transit of Russian gas to the European Union is valid until the end of 2024. The parties have not yet we are discussing extension for the next term. According to some analysts, in current conditions it may be more profitable for Gazprom to abandon the long-term transit contract and switch to short-term reservation of the capacity of the Ukrainian gas transportation system.
Previously the European Union overpayment Billions of euros for gas due to sanctions against the Russian Federation.