Home » Russia Becomes EU’s Largest Gas Exporter for 1st Time Since May 2022

Russia Becomes EU’s Largest Gas Exporter for 1st Time Since May 2022

by Marko Florentino
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european commission, russian liquefied natural gas, liquefied natural gas, russian gas, liquefied gas, russian gas export, gas export, pipeline gas, lng imports, lng exports, russian lng

MOSCOW (Sputnik) – Russia became the EU’s largest gas exporter for the first time since spring 2022 in September, with its share reaching 23.7%, Sputnik calculated on Thursday based on data from the European Statistical Office (Eurostat).

In September, European companies purchased $1.48 billion worth of gas from Russia, which is around 30% more than in the same month a year ago. Liquefied natural gas accounted for 40% of the purchases, with the remaining 60% being pipeline gas.

The increase made Russia the EU’s largest gas exporter, with its share growing to 23.74% from August’s 16.54%. This happened for the first time since May 2022, when Russia’s share in the EU’s gas imports was at 22.9%.

Algeria went one place down with the share of 15%, which accounts for $1.16 billion. The US increased its gas sales to the EU by 21% to just over $1 billion, going up to third place from fifth.

A worker of Russian gas and oil giant Gazprom works on February 18, 2015 in Novoprtovskoye oil and gas condensates oilfield at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District, 250 km north of the town of Nadym, northern Russia - Sputnik International, 1920, 28.08.2024

Russia Remains World’s Largest Gas Exporter in 2023 – IGU





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