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Russia Boosts Gas Deliveries to Europe, Outpacing US as Energy Crisis Deepens

© Sputnik / Pavel Lvov / Go to the mediabankEmployees work at the gas metering units of the Gazprom's Amur Gas Processing Plant near the town of Svobodny, Amur Region, Russia.
Employees work at the gas metering units of the Gazprom's Amur Gas Processing Plant near the town of Svobodny, Amur Region, Russia.  - Sputnik International, 1920, 04.10.2024
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Disruption of Russian gas supplies due to Western sanctions on Moscow over Ukraine have left Europe grappling with spiraling inflation and surging energy bills.
Russia has once again overtaken the US in terms of gas supplies to the EU in the third quarter, while taking the highest market share in nine quarters, according to Sputnik’s analysis of data from the Bruegel think tank that specializes in economics.

Over the past three months, Russia has delivered 13.3 billion cubic meters of gas to the European market, compared to 13 billion the country supplied there in the second quarter and 11.5 billion, delivered in 2023 within the same period.

As a result, the share of Russian companies in the EU’s energy imports increased to 19.4% from 17.2% in April-June, reaching a maximum since the second quarter of 2022, the analysis showed.
Russia’s quarterly and annual pipeline gas deliveries to Europe grew by 8% and almost 13%, respectively, while the volume of Russian liquefied natural gas (LNG) exports in the last quarter stood at 4.7 billion cubic meters, a 21% increase as compared to the third quarter of 2023.
  LNG plant in Russian Far East - Sputnik International, 1920, 22.05.2024
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Moscow Confident in Plenty of Demand for Russian LNG, Even if EU Halts Imports
The US has reduced its LNG deliveries to Europe to 9.5 billion cubic meters, becoming the third-largest LNG supplier after Russia.
Sputnik’s previous review of Eurostat data discovered that EU countries had to pay some €185 billion ($204 billion) extra on natural gas over the past 20 months after cutting themselves off from cheap, Russian pipeline gas amid Western sanctions that were introduced shortly after Moscow began a special military operation in Ukraine. Russian President Vladimir Putin warned that the EU's "suicidal" and "absolutely political" decision to halt the purchase of Russian energy supplies would come back to bite the bloc.
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