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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low (231 Views)
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Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low by adamusuleiman3: 10:47pm On Dec 29, 2022 |
Amidst falling gas prices to Pre-war level, https://www.theguardian.com/environment/2022/dec/29/european-gas-prices-fall-to-pre-ukraine-war-level Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and a major pipeline was damaged by mysterious blasts, Gazprom data (GAZP.MM) and Reuters calculations showed. The European Union, traditionally Russia's largest consumer for oil and gas, has for years spoken about cutting its reliance on Russian energy, but Brussels got serious after the Kremlin sent troops into Ukraine in February. State-controlled Gazprom, citing Chief Executive Officer Alexei Miller, a long-standing ally of President Vladimir Putin, said its exports outside of ex-Soviet Union will reach 100.9 billion cubic metres (bcm) this year. That is a fall of more than 45% from 185.1 bcm in 2021 and includes supplies to China via the Power of Siberia pipeline, through which Gazprom supplied 10.39 bcm last year. Russian direct gas exports to Germany, Europe's largest economy, were halted in September following blasts at the Nord Stream pipelines in the Baltic Sea. https://www.reuters.com/business/energy/russian-pipeline-gas-exports-europe-collapse-post-soviet-low-2022-12-28/
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Re: Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low by gift2xl: 10:50pm On Dec 29, 2022 |
Welcome development. 2 Likes |
Re: Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low by God1000(m): 10:56pm On Dec 29, 2022 |
Blame Vladimir Putin |
Re: Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low by Nobody: 11:31pm On Dec 29, 2022 |
Good development! Europe will be forced to seek alternatives and know they can live without Russian energy. They should put in place necessary logistics and lines and dependence will be over and threat will never come-up again. A trans Atlantic pipeline from Nigeria to Europe can do that. 1 Like |
Re: Russian Pipeline Gas Exports To Europe Collapse To A Post-soviet Low by Elvictor: 7:39am On Dec 30, 2022 |
CoronaVirusRelo: Nigeria to Europe, hope your family lands has gas? 1 Like |
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