Supply & Demand

EU gas imports from Russia increase in Q2

Europe imported more gas from Russia in Q2 2018 on an annual basis, despite lower consumption overall Europe imported more gas from Russia in Q2 2018 on an annual basis, despite lower consumption overall.
By Andreas Walstad 24 October 2018 0 33023
Gas consumption in EU countries

Gas imports by EU countries from external suppliers such as Russia and Algeria increased by 3% in Q2 2018 compared with Q2 2017, while overall consumption across the EU fell by 8%, according to the European Commission’s quarterly gas report, published on 18 October.

Year-on-year change in gas consumption, Q2 2018

Gas consumption fell because of milder weather and lower power sector offtake, but that was partially offset by...