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    Gazprom exports up 8.3% YTD

Summary

Gazprom said it was continuing to pump gas into its own European storage facilities.

by: NGW

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Complimentary, Natural Gas & LNG News, Corporate, Import/Export, News By Country, Russia

Gazprom exports up 8.3% YTD

Gazprom's gas supplies to Europe and Turkey minus former Soviet Union countries increased by 8.3% to 164.8bn m3 between January 1 and November 15, the company reported.

Supplies to Turkey were up 98.1%, Germany 19.6%, Italy 18.3%, Romania 247.1%, Serbia 92.9%, Bulgaria 48.2%, Poland 7.3%, Greece 13.7%, Slovenia 53.3% and Finland 10.8%. Deliveries to Turkey, Germany, Italy, Turkey, Bulgaria, Romania and Serbia are already higher this year than in the entire of 2020, Gazprom said.

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Supplies to China via the Power of Siberia are 30% higher on a daily basis than contractual obligations, the company said without disclosing volumes. On November 7, deliveries were a record 35.4% higher than the contractual amount.

Amid a surge in gas prices over recent months, European gas storage is at an unusually low level for the time of year. Gas Infrastructure Europe estimates that the continent's facilities are 74% full, or 19.5bn m3 less than this time in 2020. Some 6.6% of the gas that was injected in the summer has already been withdrawn.

Gazprom said it was continuing to pump gas into its own European storage facilities.