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EU gas imports up 20% in Q2

Declines in domestic production, low spot prices and the possibility of a disruption to gas transit through Ukraine saw the EU’s gas imports increase in Q2 2019 Declines in domestic production, low spot prices and the possibility of a disruption to gas transit through Ukraine saw the EU’s gas imports increase in Q2 2019.
By Anna Gumbau 4 October 2019 Europe & Russia / Pipelines, Storage & Power 0 34649

The EU’s net gas imports were up by 20% in Q2 2019 compared with Q2 2018, according to the latest quarterly report on gas markets by the European Commission.

EU quarterly gas imports, volume

Declining domestic production has deepened the EU's dependence on imported gas, with the bloc's indigenous output down by 7% year on year in Q2. Imports of Russian gas rose between April and June, with the country taking a 45% share of the import mix during the...