Gazprom nears record Jan-Jul pipeline exports
Russian pipeline gas export monopoly Gazprom sold 115.3bn m³ to countries outside Russia and the former Soviet Union in the first seven months of the year, its export arm said August 4. The increase year-on-year is 23.2%, or 21.7bn m³, it said.
This increase comes despite its continuing refusal this year not to book incremental monthly capacity through Ukraine and the attraction of the record prices seen at European gas hubs.
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Whereas last year Gazprom contracted to supply 65bn m³ through Ukraine in equal monthly batches, for 2021-24 inclusive the transit agreement of 2019 fixes the minimum at 4obn m³/yr. Other routes Gazprom may use include Poland through the Yamal pipeline; the Baltic Sea through Nord Stream 1, and the Black Sea through Blue Stream and TurkStream.
Gazprom’s deliveries are still short of the historical record for the seven-month period, set in 2018, when it sent 117.1bn m³ west or south to Turkey.
Without providing year on year volume data it said sales to Turkey were up by 203.9%; to Germany by 42.2%; Italy by 16.2%; Romania by 318.3%; Poland by 14.6%; Serbia by 118.1%; Bulgaria by 47%; France by 6%; and Greece by 18.8%. The exports to China through the Power of Siberia pipeline also continue growing, it said.
According to preliminary data, in January-July, Gazprom’s gas production reached 298.2bn m³. This is up 18.4%, or 46.4bn m³, more than in Jan-Jul 2020.