Europe purchased a record 17.8 million tonnes of Russian liquefied natural gas (LNG) in 2024; This is 2 million tons more than in 2023. writes about this Guard According to data from Rystad Energy analysts.
Since the beginning of the special military operation in Ukraine, European countries began to reduce imports of pipeline gas from Russia and increasingly purchase LNG, including from Russia. Experts stated that thus, in 2024, the Russian Federation will displace Qatar from second place in terms of LNG supply to Europe (the USA remains the leader).
January 7 Bloomberg wroteEuropean countries have purchased record amounts of Russian LNG despite calls to ban their supplies. According to available data, the amount of gas sold exceeded the amount of gas supplied by Russia from Ukrainian territory before January 1.
Before that, Russian Deputy Prime Minister Alexander Novak statedIn January – November 2024, the volume of gas exports from Russia to Europe reached approximately 50 billion cubic meters. m, which is approximately 18-20% higher than in 2023. He announced that it was 50 billion cubic meters. m, in total, includes both pipeline gas and liquefied natural gas. According to the Deputy Prime Minister, the supply volume managed to increase despite all the sanctions pressure, as gas is an extremely environmentally friendly product.
Previously in Europe alarmed Due to rapid gas consumption.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.