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EU Gas Imports from Russia Fall Since Invasion

NATURAL GAS

EU gas imports from Russia declined by 23% in the first 100 days of the invasion according to a report out this week by the Centre for Research on Energy and Clean Air.

  • In the first two weeks, imports increased to the highest volume observed this year, but have declined afterwards, falling 30% year-on-year in May.
  • Most significantly, Germany’s imports of Russian gas fell by 31%, and by 70% in Poland and Lithuania. However, Gazprom’s revenue is still twice as high as the year before, due to high prices.


Source: Centre for Research on Energy and Clean Air

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