Gazprom Boosts H1 Exports

In the first half of 2017, Gazprom exported 94.518bn m³ of gas to non-CIS countries. As reported by NGW, the volume of exports increased by 11.3% or 9.566bn m³. It sold 76.684bn m³ to western Europe (including Turkey), up by 6.856bn m³ or 9.8%; and to eastern and central Europe by 17.834bn m³ (an increase of 2.710bn m³ or 17.9%).

And with effect from the start of August, Gazprom has had almost unfettered access to Nord Stream, as restrictions on its use of Opal have been lifted substantially, giving it more flexibility in its supply routes.

Gazprom’s exports to western Europe (bn m³):

Source: Gazprom 

Gazprom said its main contractors in western Europe are: Uniper Commodities and Gazprom's wholly owned subsidiaries WIEH and Wingas, in Germany; Eni and Gazprom's wholly-owned subsdiary Promgaz, in Italy; Engie, in France; Gazprom Marketing & Trading in the UK; and Botas in Turkey.

In January-June this year, the highest growth in imports of Russian gas was recorded in Croatia (in the first half of last year, there was no gas at all) and further in Romania (2.65 times growth).

Gazprom's exports to eastern and central Europe (bn m³)

Source: Gazprom 

In the first half of 2017, PJSC Gazprom sold 17.436bn m³ of natural gas in the countries of the former USSR, except Russia. During the reporting period, exports to the near abroad increased by 1.986bn m³, or by 12.8%.

Gazprom publishes separate figures for South Ossetia, which Russia has recognised as independent of Georgia since military intervention in August 2008.

Exports to the former Soviet Union (near abroad) (bn m³):

In January-June, 2017, Gazprom also exported 1.595bn m³ of gas in the form of LNG. The volume of LNG exports for the reporting period decreased by 714mn m³ r by 30.9%. Liquefied gas was sold in foreign markets by Gazprom Marketing & Trading Singapore and Gazprom Global LNG.

Ilham Shaban