Russia surpasses the USA in gas imports to Europe for the first time in almost two years 15:54

In May this year, gas supplies from Russia to Europe exceeded US exports for the first time in almost two years. This was reported by the Financial Times, citing data from the consultancy firm ICIS.

“After everything we have been through, it is surprising to see the share of Russian gas in the European market increasing,” said Tom Marzek-Manser, head of gas market analysis at ICIS.

The United States overtook Russia as Europe’s largest gas supplier in September 2022. Since 2023, the US has supplied 20% of all Europe’s gas imports. In May, pipeline gas supplies from the Russian Federation, as well as maritime transportation of liquefied natural gas (LNG), exceeded that of the United States. Russian supplies accounted for 15% of all supplies in Europe. Liquefied natural gas from the US accounted for 14% of all Europe’s gas imports last month.

Before reportedSpain resumed iron and steel imports from the Russian Federation after a three-month break. In December 2023, Madrid stopped regularly purchasing Russian iron and steel. However, in April, the process started again – then 21.3 thousand tons of the metals in question were exported to Spain. The total value of the goods was 8 million euros.

Earlier, journalists learned that the Russian Federation has noticeably increased over the past five months. augmented liquefied natural gas (LNG) exports.

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Source: Gazeta

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