Daily Energy Report
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Daily Energy Report
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Chart of the Day: Russia’s Gas Exports to Europe are Increasing
Summary
Total gas shipments from the Russian energy giant Gazprom to Europe (EU and Ukraine) via current operational routes increased by 10.3% month-on-month in May. It has been increasing for the fifth month in a row since the beginning of 2024. Year-on-year, it increased by 37.3%. Exports totaled 2,661 million cubic meters (mcm) in May, up from 1,938 mcm during the same period last year, based on our calculations and data from the European gas transmission platform (ENTSOG). Figure (1) above shows Gazprom gas exports to Europe, including Ukraine.