The Russian Federation has cut gas exports to European countries by 80% over the past eight months.
The European Union has succeeded in its reliance on Russian gas and oil supplies. European companies were able to cover 80% of Russian gas exports with supplies from the US and Norway. It was announced on Sunday, March 5, by European Commission President Ursula von der Leyen, the press service of the German government reports.
“Of course, good friends, like the United States and Norway, have helped us by supporting us with supplies of liquefied and piped gas,” said Ursula von der Leyen.
From August 2022 to January 2023, gas consumption in Europe fell by 19% compared to the average for the same period over the past five years, according to Eurostat. At the same time, gas consumption in Finland fell – by 57.3%, in Lithuania – by 47.9%, in Sweden – by 40.2%.
Recall that the oil and gas revenues of the budget of the aggressor country Russia for the two months of 2023 reached 946.7 billion rubles against 1.766 trillion rubles last year.
As you know, today gas reserves in Europe are at a historical maximum for this time of year. UGS facilities are currently 60.62% full (21.46% higher than the average for this date in the past five years), they contain 65.82 billion cubic meters. m of gas.
It was also found that in 2022 gas consumption in Europe will decrease by 13% or more than 70 billion cubic meters. m. This is the region’s strongest decline in demand in history.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.