Gazprom said the key factor in reducing global gas demand was reducing gas consumption in the EU.

In the eighth month of a large-scale Russian invasion of Ukraine “Gazprom” officially recognized the drop in gas demand.

This is stated in report Russian monopoly.

Since the beginning of 2022, Gazprom has produced 313.3 billion cubic meters of gas, or 17.1% (64.8 billion cubic meters) less than in 2021, according to preliminary data. company from GTS in the domestic market in this period decreased by 4.1% (by 7.2 billion cubic meters).

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Gazprom said the key factor in reducing global gas demand was reducing gas consumption in the EU.

“In the nine months of this year, according to the first preliminary estimates and operational data available, world demand decreased by about 40 billion cubic meters. In this decrease, 75% or 30 billion cubic meters is the share of 27 EU countries. Gas consumption also decreased in the UK: for the period indicated – by around 5 billion cubic meters. Thus, the total share of EU and UK countries in the reduction of world demand is almost 90%, “the statement states.

Exports to non-CIS countries amounted to 86.9 billion cubic meters, or 40.4% (of 58.9 billion cubic meters) less than in the same period of 2021.

At the same time, Gazprom noted an increase in gas exports to China via the Power of Siberia pipeline as part of a long-term bilateral contract with the CNPC.

“The supplies regularly go beyond the daily contract quantities. In September, there were two all-time highs of the daily export volume for the entire supply period,” the report says.

Gas situation:

August 31 Gazprom suspended gas supplies in Europe via Nord Stream 1. The company claimed that oil leaks were found on parts of the pipeline’s compressor and that the equipment had to be shut down until the leak was repaired.

In turn, Siemens Energy, which usually maintains Nord Stream 1 turbines, said such a leak should not disrupt the pipeline’s operation.

The Russian gas company Gazprom announced on 2 September point pumping gas through the Nord Stream 1 pipeline for an indefinite period. On September 3, the White House responded complete closure of Nord Stream.

Against the backdrop of the ongoing closure of the Russian Nord Stream gas pipeline Spot gas price in Europe jumped 30% on the morning of September 5th almost $ 2,900 per thousand cubic meters.

On 6 September, French President Emmanuel Macron supported the options proposed by the European Commission to limit the price of Russian gas.

On 14 September 2022, the EU responded Putin’s gas blackmail.

On September 26, information about gas leaks appeared a “Nord Stream”. On September 27, it became known of the explosions in the escape area.

On 28 September 2022, EU countries asked to immediately limit the price of gas.

On 1 October it became known that Gazprom had stopped gas supplies For Italy.

1 October 2022 Gazprom reduced gas supply in Moldova.

On October 4, 2022, Turkey decided to take Gazprom seriously gas offer.

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