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Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) - Politics - Nairaland

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Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by WriterNig: 7:44pm On Jun 19
https://www.telegraph.co.uk/content/dam/news/2024/06/13/TELEMMGLPICT000381629333_17183021817270_trans_NvBQzQNjv4BqKkzUGe8q7_A35DWV6BPUcd6nREIXFSXlMWnpS2XfpTI.jpeg

🇷🇺 Russia overtook US as gas supplier to Europe in May. Rise in market share highlights the impossibility of weaning Europe off Russian energy.

Europe’s gas imports from Russia overtook supplies from the US for the first time in almost two years in May, despite the region’s efforts to wean itself off Russian fossil fuels since the full scale invasion of Ukraine.

While one-off factors drove the reversal, it highlights the difficulty of further reducing Europe’s dependence on gas from Russia, with several eastern European countries still relying on imports from their neighbour.

“It’s striking to see the market share of Russian gas and [liquefied natural gas] inch higher in Europe after all we have been through, and all the efforts made to decouple and de-risk energy supply,” said Tom Marzec-Manser, head of gas analytics at consultancy ICIS.

The US overtook Russia as a supplier of gas to Europe in September 2022, and has since 2023 accounted for about a fifth of the region’s supply.

But last month, Russian-piped gas and LNG shipments accounted for 15 per cent of total supply to the EU, UK, Switzerland, Serbia, Bosnia and Herzegovina and North Macedonia, overtaking the U.S according to data from ICIS.

Financial Times || Oil Price

16 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by jaeyking(m): 6:16am On Jun 20
grin grin with the war with Ukraine and all

Russia and Putin be like
I run the streets of Europe
I'm the king of Europe😃😃

USA stick to your North American Soil

Well it's been long we heard from the great Britain

150 Likes 8 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Parydelegate: 6:16am On Jun 20
How many for LIKES for PUTIN grin

The UK is still affected by the war in Ukraine. Energy price has gone up....thankfully Inflation is coming down. Now at 2%

157 Likes 2 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by fredoooooo: 6:16am On Jun 20
Something is not right here. So Europe still do business with them, After they make the world belive they're not getting anything again from them . The west and lies and propaganda grin

225 Likes 8 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Matheusmartin: 6:17am On Jun 20
...
Is it ironical that the same people supporting and hailing Russia for invading a sovereign nation even without prior provocation are exactly the same people criticizing Israel for retaliation after the October 7th attack.

The agenda is clearly against America,and by extension her allies..

36 Likes 6 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by mactoni91(m): 6:17am On Jun 20
Biggest supplier with plenty of sanctions

22 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by emmadejust(m): 6:18am On Jun 20
Putin know something and seems to have prepared ahead of this day

35 Likes 2 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by ipobarethieves: 6:19am On Jun 20
Ok

1 Like

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by ShinnBet: 6:19am On Jun 20
AmeriKKKa is finished .


The US is a testament to Jewish corruption .

36 Likes 2 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by dragunov: 6:19am On Jun 20
WriterNig:


🇷🇺 Russia overtook US as gas supplier to Europe in May. Rise in market share highlights the impossibility of weaning Europe off Russian energy.

Europe’s gas imports from Russia overtook supplies from the US for the first time in almost two years in May, despite the region’s efforts to wean itself off Russian fossil fuels since the full scale invasion of Ukraine.

While one-off factors drove the reversal, it highlights the difficulty of further reducing Europe’s dependence on gas from Russia, with several eastern European countries still relying on imports from their neighbour.

“It’s striking to see the market share of Russian gas and [liquefied natural gas] inch higher in Europe after all we have been through, and all the efforts made to decouple and de-risk energy supply,” said Tom Marzec-Manser, head of gas analytics at consultancy ICIS.

The US overtook Russia as a supplier of gas to Europe in September 2022, and has since 2023 accounted for about a fifth of the region’s supply.

But last month, Russian-piped gas and LNG shipments accounted for 15 per cent of total supply to the EU, UK, Switzerland, Serbia, Bosnia and Herzegovina and North Macedonia, overtaking the U.S according to data from ICIS.



Haha! We're is the picture. I thought I will see Russian gas overtaking it's American counterpart on a track field. Mtcheweew.

7 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by tunwumi: 6:20am On Jun 20
Oopps.

Russia has the highest proven gas reservoir in the world.

11 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Matheusmartin: 6:22am On Jun 20
ShinnBet:
AmeriKKKa is finished .


The US is a testament to Jewish corruption .

..
U'd probably the jews for your inability to impregnate your wife...

5 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Gerrard59(m): 6:22am On Jun 20
To be fair, supply from the US ebbed while that from Russia increased. In the coming months, the US should be top again. But hey, this goes to show people that the average human cares about his/her immediate interests - in this case - low energy prices. Let's not forget the hundreds of Western companies still operating in Russia as I write and the continuous supply of crude oil to Europe via India.

In Economics we trust!

17 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bewla(m): 6:22am On Jun 20
Cut all USA

1 Like

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by kheny12(m): 6:22am On Jun 20
Russia have the resources.

4 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Kingdavid579(m): 6:24am On Jun 20
Is usA in competition with them?

4 Likes 2 Shares

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by YeyeGbami: 6:25am On Jun 20
With all the sanctions. lmao

110 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by Akinsete19(m): 6:26am On Jun 20
Wow, despite all the sanctions

7 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bassdow: 6:27am On Jun 20
is the sanctions not working ?

Shebi most european Countries don Ban Russian fuel

8 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by loswhite(m): 6:28am On Jun 20
fredoooooo:
Something is not right here. So Europe still do business with them, After they make the world belive they're not getting anything again from them . The west and lies and propaganda grin
lol why are you guys obsessed with the west?

2 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by BodyCount: 6:29am On Jun 20
grin
HYPOCRITES of Europe countries...

Even with all the sanctions, they are still drinking Russia's gas to survive. Bloody fòols.

23 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by omoredia: 6:29am On Jun 20
US needs Trump

5 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bassdow: 6:29am On Jun 20
fredoooooo:
Something is not right here. So Europe still do business with them, After they make the world belive they're not getting anything again from them . The west and lies and propaganda grin
even the USA still does business with Russia.

In fact the USA is selectively applying sanctions on Russia.

Mind you, some western Companies are yet to leave Russiia e.g macDonald

11 Likes 1 Share

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bassdow: 6:29am On Jun 20
bassdow:
even the USA still does business with Russia.

In fact the USA is selectively applying sanctions on Russia.

Mind you, some western Companies are yet to leave Russiia e.g macDonald
Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by GentleRay: 6:30am On Jun 20
No wonder they are sending Ukraine to bomb Russia oil & gas facilities.

12 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bassdow: 6:30am On Jun 20
Russia really have no need to use their Nuclear weapons. Probably there as a very last resort.

They have other things they could use hence reason the entire NATO can't misbeHave

8 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by BodyCount: 6:31am On Jun 20
omoredia:
US needs Trump
Trump is a bastarɗ
He's no better than Biden
I hope none of them wins

5 Likes

Re: Russia Overtakes U.S As Biggest Gas Supplier To Europe (Photos) by bassdow: 6:31am On Jun 20
bassdow:
Russia really have no need to use their Nuclear weapons. Probably there as a very last resort.

They have other things they could use hence reason the entire NATO can't misbeHave
...but you see all these waka Putin dey Waka, dey strengthen ties with Russia and even NorthKorea, that guy get serious dangerous plan.

7 Likes 1 Share

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