This is really how dependent the Russian gas giant is on Europe
Construction of a gas pipeline for Gazprom

What Gazprom usually avoids is a direct comparison of export volumes to China and Europe. Because it reveals.

(Foto: imago stock & people)

Düsseldorf While the gas tax painfully reminds German consumers of the consequences of reduced gas supplies from Russia, the Kremlin is increasingly freeing itself from trade relations with Europe – at least that is what it seems at first glance.

In the first seven months of the year, the Russian energy company Gazprom According to its own information, 61 percent of the gas was exported to China compared to the same period last year. At the same time, gas exports to countries outside the former Soviet Union – especially Europe – fell by about 35 percent.

But the numbers give the wrong impression. Upon closer examination, they cannot hide the fact that numbers and maps back in: Europe is not only highly dependent on Russian gas supplies – Russia is also badly affected by the loss of gas exports to Europe.

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Handelsblatt Energy Briefing

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