Natural gas: 5.7%. This highlights the importance of the US LNG export industry and of strong transatlantic ties to European energy security. Thank you for subscribing. As the IEA previously stated, minimum storage obligations on commercial operators coupled with robust market-based capacity allocation mechanisms are vital tools that can ensure the optimal use of all available storage capacity. Russia's state-run natural gas producer Gazprom saw exports fall 11.5% in October from the prior month, largely because European Union gas storage facilities are nearing full capacity amid mild . A paid subscription is required for full access. It has enormous natural resources, particularly oil and natural gas. Global Industrial And Commercial Natural Gas Distribution Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) This is not the reality for Russia. [1] Natural gas will remain important for the EU, if only to reduce its carbon emissions, such as the U.S. is currently doing. ; Russia consumes 113,448 cubic feet of natural gas per capita every year (based on the 2017 population of 145,530,082 people), or 311 cubic feet per capita . Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. Pipeline deliveries from Russia declined by 25% year-on-year in Q4 2021. Extra-EU transactions of the EU as a whole are the sum of the extra-EU transactions of the EU Member States. This page includes a chart with historical data for Russia Exports of Natural Gas. After the onset of the Russian war on Ukraine, the gas shipment to Europe fell significantly. As of 2022, it is the fourth-largest economy in Europe, the world's ninth-largest economy by nominal GDP, and the sixth-largest by PPP.. Russia's vast geography is an important determinant of its economic activity . Russia Midstream Oil and Gas Industry Outlook to 2026 - Market Outlook for Liquefied Natural Gas (LNG), Liquids Storage, Pipelines, Underground Gas Storage and Gas Processing is a comprehensive report on midstream oil and gas industry in Russia. Use Ask Statista Research Service. natural gas, and precious metals such gold and aluminum, they account for a significant share of Russia's exports. As a Premium user you get access to the detailed source references and background information about this statistic. Get full access to all features within our Corporate Solutions. US natural gas futures jumped more than 7% to near $6.4/MMBtu on Friday, widening a weekly gain to over 12%, on expectations of higher demand and lower supply. 3 3 /d). Natural Gas Corporate Earnings Call list - 3Q2022 chevron_right; Natural Gas Market Price Snapshots . Share of Russia. The decrease in lumber is directly linked to Russia placing bans of the export of unprocessed timber, wanting this industry to return to Russia . We're here to help from day one, with 24/6 outstanding support. (AP Photo/Markus Schreiber, Pool, File) BERLIN (AP) Former German Chancellor Angela Merkel on Thursday defended her government's decisions to buy large . Storage sites owned or controlled by Gazprom had particularly low storage levels at the start of the heating season, filled to just 25% of their working storage capacity. In 2021, Russia sold around 33 billion cubic meters (bcm) of gas to Asia, compared to a European market that typically imports 160 to 200 bcm from Russia. and over 1Mio. The increasing production of oil and gas in the country is likely to positively impact the Russian Federation's oil and gas market. . In this Nov. 11, 2018 file photo, a ship works offshore in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. This share has increased in recent years, as European domestic natural gas . Industry-specific and extensively researched technical data (partially from exclusive partnerships). The EU is considering a price cap on Russia's natural gas exports in order to reduce both its energy bill and Russia's ability to wage war on Ukraine . 3 min read. Figures prior to 2019 were for EU-28, starting from 2019, for EU-27. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Russia's market share in Europe's natural gas imports was around 40% last year. In 2016, this share had almost halved to 16,31%. Create a free IEA account to download our reports or subcribe to a paid service. Russia is Europe's biggest supplier, but in itself a big consumer of gas. (September 1, 2022). Russia is believed to be the fastest growing aluminum market in the world and the sixth largest export product in the country accounting for $6,638 million in exports. Natural gas export share from Russia 2021, by country Share of Russian pipeline gas imports in the EU 2021-2022, by route Extra-EU natural gas import share from Russia 2010-2022 Russian natural gas production (red) and exportation (black), 1993-2011. Out of 210 bcm of natural gas that Russia exports annually, . Are you interested in testing our corporate solutions? Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February . Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Compressed Natural Gas Tank estimated at US$ million in the year 2022, is projected to reach a revised size of US$ million by 2028, growing at a CAGR of % during the forecast period 2022-2028. . Natural gas is the primary fuel for electricity and heat production in Russia. Exports of Natural Gas in Russia averaged 26625.46 USD Million from 1992 until 2011, reaching an all time high of 69107 USD Million in 2008 and a record low of 8757 USD Million in 1992. By clicking "Submit" you are indicating that you have read and agree to be bound by the Blackridge Terms of Service and Privacy Policy. Be better informed of your competition by gaining access to detailed information and analysis of key industry players. LONDON Russia has opted against sending more natural gas supplies to Europe, curbing hopes that Moscow may ease its grip on the market shortly after President Vladimir Putin said the country . One of the research specialists will explain the research process in detail. Chart. 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Virtual Pipeline Systems Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 - COVID-19 Impact and Global Analysis Transit flows via Ukraine accounted for over 25% of Russias pipeline deliveries to the EU and UK in 2021, significantly down from more than 60% in 2009. Russian natural gas accounts for around 40% of EU supply. The petroleum industry in Russia is one of the largest in the world. You need a Statista Account for unlimited access. Consequently, the share of Russian gas supplies increased from 25% of the regions total gas demand in 2009 to 32% in 2021. Russia Natural Gas Drilling News Service from EIN News. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Natural gas flows via Ukraine to Slovakia have not been impacted as of 24 February 2022, with nominations rising to 75 mcm/d for 25 February 2022. You can purchase the report directly by selecting the licence type above and paying with a credit or debit card. Energy's Cove Point LNG plant in Maryland returned to operations on October 28th after a month-long . gap of as much as 30 billion cubic meters of natural gas during the . NGI's 2023 Map of North American Pipelines, LNG, & Market Points chevron_right; N.A. Corporate solution including all features. The economy of Russia has gradually transformed from a planned economy into a mixed market-oriented economy. Abstract. Moreover . Two-thirds of the gas that Russia sent to Asia came in the form of liquefied natural gas (LNG): 14 bcm from the Sakhalin-2 project, going to Japan . Resources. In the following 6 chapters, you will quickly find the 42 most important statistics relating to "Russian natural gas industry". The moves aim to cut Russia's energy revenue, which . LNG inflows to the EU and the UK reached an all-time high of 13 bcm in January almost three times their last years levels and about 70% higher compared to Russian pipeline flows that month. . While Gazprom storages account for just 10% of the EU total working storage capacity, they accounted for half of the EUs 5-year storage deficit. And the market will continue to . However, it was Russia's invasion of Ukraine followed by Gazprom reducing and then halting deliveries to Germany via Nord Stream that signaled a tipping point in Europe's gas supply. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. (Russia's state-run natural gas monopoly; world's biggest gas exploration and production . The following interactive chart illustrates the fast-changing . Tweet. You exceeded the limit of bookmarked content(only 15 bookmarks are allowed).Please remove one of the bookmarks. From 2015 to 2017, the oil and natural gas industry in Russia generated up to 40% of federal budget revenues, peaking in 2018 at more than 46% . Receive daily email alerts, subscriber notes & personalize your experience. U.S. LNG is a keen entrant to the European market. In, Eurostat. Without the strong increase in LNG imports since October, European storage levels would be below 15% full by now (vs 31% at the moment), leaving Europe in a much more vulnerable position vis--vis late cold spells and/or supply disruptions. data than referenced in the text. This demonstrates the complementary role of underground gas storage and LNG regasification capacity in the security of natural gas supply. Statista. Dutch TTF futures, the European benchmark for natural gas, recently soared 28% after Russia announced an indefinite shutoff of the key Nord Stream 1 pipeline, up to 268 euros per megawatt hour. Gas flows via Ukraine to Slovakia have fallen from an average of over 80mcm/d in December to just 36mcm/d in the first seven weeks of 2022. "Share of Extra-eu Natural Gas Import Value from Russia from 2010 to 2nd Quarter 2022. The Appalachian region provides a historic case study. Natural gas prices are expected to remain extremely volatile in the current context of market uncertainty. What if I'm not satisfied with the report? In 1990, Russia produced 30,04% of all the world's natural gas. ", Eurostat, Share of extra-EU natural gas import value from Russia from 2010 to 2nd quarter 2022 Statista, https://www.statista.com/statistics/1021735/share-russian-gas-imports-eu/ (last visited November 08, 2022), Share of extra-EU natural gas import value from Russia from 2010 to 2nd quarter 2022, Available to download in PNG, PDF, XLS format, Global natural gas production by country 2021, Global natural gas consumption by country 2021, Oil and gas sector as a share of GDP in Russia quarterly 2017-2022, Russia's natural gas production 2000-2021, Natural gas production in Russia 2020, by federal district, Russian gas production adjusted to the war in Ukraine 2020-2030, Natural gas consumption in cubic meters in Russia 2000-2021, Russia: natural gas consumption 2010-2019, by sector, Gas domestic supply forecast in Russia 2019-2024, Natural gas penetration rate in Russia 2011-2021, Power production breakdown in Russia 2021, by source, Consumer debt for gas in Russia 2021, by region, Natural gas production in Russia 2021, by company, Gazprom's natural gas revenue worldwide 2016-2021, Gazprom gas production in January-September 2021-2022, Gazprom far abroad gas export volume in January-September 2021-2022, Natural gas export value from Russia 2000-2021, Natural gas export volume in Russia 2010-2020, by type, Natural gas export volume in Russia 2021, by country, Natural gas export share from Russia 2021, by country, Share of Russian pipeline gas imports in the EU 2021-2022, by route, Extra-EU natural gas import share from Russia 2010-2022, Liquefied natural gas export volume from Russia 2011-2021, Natural gas export pipelines' capacity in Russia 2020, by pipeline, Natural gas export pipelines' length in Russia 2020, by pipeline, Key figures of Nord Stream natural gas pipeline 2020, Key figures of Nord Stream 2 natural gas pipeline 2020, Key figures of TurkStream natural gas pipeline 2020, Natural gas transported through Nord Stream pipeline 2013-2021, LNG liquefaction plants in Russia 2022, by capacity, Ranking of mini LNG plants in Russia 2020, by capacity, Sources of gas supply in Poland 2018-2021, Volume of Russian gas transited through Ukraine 2020-2024, Share of Russian gas transited through Ukraine 1991-2020, Gas imports from the East and LNG imports in Poland 2016-2021, Imports of natural gas in the European Union (EU) by country of origin 2015-2017, Import share of LNG supply from Qatar by country 2015, Volume of Qatar's LNG exports by country 2015, Change in piped gas imports to the CEE region 2019, Distribution of Qatar's LNG exports by region 2017, Satisfaction with gas supply quality and continuity in Ukraine in 2019, Import value of natural gas from Poland to Ukraine 2013-2019, Condensate import value Thailand 2011-2020, Import value of natural gas from Hungary in Ukraine 2013-2019, Natural gas penetration rate in Russia 2019, by region, Liquefied natural gas (LNG) imports to France 2020 & 2021, by country of origin, Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre, Russia remained the largest supplier of petroleum oil in the EU-27. Russia natural gas accounted for 45% of imports and almost 40% of European Union gas demand in 2021. Please do not hesitate to contact me. The Asian pivot can only deliver so much. Before skyrocketing gas prices encouraged Norwegian supply and LNG imports, Russia had been the largest single source of gas supply for Europe. Extra-EU natural gas import share from Russia 2010-2022. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. Key trends and critical insights into Russia Oil and Gas markets along with key drivers, restraints, and growth opportunities are presented in the report . Russian exports consist of more than 5 Mbbl/d (790,000 m 3 /d) of oil and . European gas prices surged by 50% day-on-day on 24 February 2022 to USD 44/MMBtu, following the invasion of Ukraine by Russia. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. In 2021 . Lower Russian pipeline flows have been compensated in part by higher liquefied natural gas (LNG) inflows, which increased by 63% year-on-year through October until year-to-date. Spain, Russia and Rest of Europe Markets - Independent . Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Russian supplies to global energy markets, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative, Promoting digital demand-driven electricity networks. The EU must therefore think more strategically about its energy supply and how to eliminate future vulnerabilities now. Former German Chancellor Angela Merkel has defended decisions made during her time in power to buy natural gas from Russia, which was Germany's main gas supplier when she left power. The $400 billion natural gas supply contract between Russia's Gazprom and China's National Petroleum Corporation (CNPC) entails 38 billion cubic meters (bcm) or 1.34 trillion cubic feet (tcf) of Russian gas supply annually to China for . NGI's 2023 Map of North American Pipelines, LNG, & Market Points chevron_right; N.A. Read next MI Exclusive Natural Gas Commodities However, its effort is doomed to fail in the three markets and I will explain why. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. The new report from Blackridge Research on Russia Natural Gas Distribution Market comprehensively analyses the Natural Gas Distribution Market and provides deep insight into the current and future state of the industry in the country. It also presents a comprehensive analysis of the country's Oil and Gas business. Published by Statista Research Department , Nov 4, 2022. Register in seconds and access exclusive features. This statistic is not included in your account. Strong supply and milder-than-expected temperatures in Northeast Asia helped to facilitate the redirection of cargoes towards Europe and limit the implications of strong European demand for LNG markets. We are happy to help. All rights reserved. The country aims to have a record 72.6 billion cubic meters in domestic inventories by Nov. 1, almost doubled the levels . Russia Natural Gas Distribution Market Report - Market Analysis, Size, Share, Growth, Outlook - Industry Trends and Forecast to 2027 Market Research Reports | Q1 2022 | Report ID: BR02453 Dependence on Russian gas in Europe 2021, by . Russia accounted for nearly 23 percent of the value of natural gas imports into . Please do not hesitate to contact me. Extra-EU natural gas import share from Russia 2010-2022. Extra-EU refers to transactions with all countries outside of the EU: the rest of the world except for the European Union (EU) Member States. The reliance of the European Union and (indirectly) the United Kingdom on Russian gas supplies has increased over the last decade. IEA (2022), Russian supplies to global energy markets, IEA, Paris https://www.iea.org/reports/russian-supplies-to-global-energy-markets, License: CC BY 4.0. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal. Currently, you are using a shared account. Before skyrocketing gas prices encouraged Norwegian supply and LNG imports, Russia had been the largest single source of gas supply for Europe. Russia can occupy one fifth of the world market of liquefied natural gas by 2025, the project of the energy strategy of Russia until 2035 developed by the Ministry of Energy stated in March 2014. The Liquefied Natural Gas (LNG) market in the U.S. is estimated at US$26.4 Billion in the year 2020. . Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years. Eurostat. Profit from the additional features of your individual account. The sentiment for finished steel prices continued to slide as the November scrap buy week was Interactive: Russian gas market share in Europe on the wane as LNG, Norway step up, Market Movers Europe, Nov. 7-11: COP27 climate talks kick off Egypt as Europe braces for the colder months, Trainings courses at Global Carbon Markets Conference, Massachusetts regulator rejects offshore wind developers' pleas to renegotiate PPAs, The A factor: The role of algorithmic trading during an energy crisis. Natural gas is gaining popularity across the world as an alternative fuel owing to easy availability, lower vehicular emissions, and lower costs compared to conventional fuels, such as gasoline and diesel The share of global LNG supplies in Europe's energy mix is expected to increase to 2040 to partly offset the decline in indigenous output, but still lags Russian deliveries . The following interactive chart illustrates the fast-changing paradigm of European gas imports. 2.3 Light and Heavy-duty Natural Gas Vehicle Market Share by Company Type (Tier 1, Tier 2 . A decade-long negotiation between Russia and China appears to have finally closed on May 21, during Russian President Vladimir Putin's visit to Shanghai. Natural gas costs about $2 a gallon less than gasoline in Russia. Questions? P.O Box 30080-00100,Nairobi, Kenya. Learn more about how Statista can support your business. NGI's 2023 Map of North American Pipelines, LNG, & Market Points chevron_right; N.A. In 2009, it produced 12% of the world's oil and had a similar share of global oil exports. Other gas-supply. Then you can access your favorite statistics via the star in the header. Natural gas prices moderated down to an average of USD 27/MMBtu in the first seven weeks of 2022. The partial shutoff of gas deliveries is already affecting European growth, and a full shutdown could be substantially more severe. by Starry Technologies Private Limited. Reduced Russian pipeline flows, together with low storage levels and adverse weather conditions, contributed to strong upward pressure on hub prices in Europe, which averaged more than USD 30/MMBtu in Q4 2021. Natural gas futures surged during 2022 over a year ago after Russia's invasion of Ukraine in February strengthened demand for US exports. Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre, stopped operating one of the transit points, reduction of gas supply via Nord Stream 1, In case of a potential gas shutoff by Russia, Germany's GDP growth forecast, Czechia, Slovakia, and Hungary were projected to experience the most significant gas shortfall. As a consequence of low inventory levels at the beginning of the heating season, and the sharp decline of Russian piped flows to the EU, gas storage levels fell to 30% below their working storage capacity (and standing 28% below their 5-year average levels for this period of the year). Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints will impact regional market development. Meanwhile, the importance of Ukraine as a transit country has lessened due to the build-up of additional transit corridors bringing Russian piped gas to the EU and UK (e.g. The security value of gas storage should be more strongly recognised in this context. 2022 by S&P Global Inc. All rights reserved. Access to this and all other statistics on 80,000 topics from, Show sources information Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Liquified Natural Gas, which accounted for % of the global market of GCC Natural Gas in 2021, is expected to reach . Russia's position in the EU gas market is unassailable with almost 40% market share and growing. The measure would supposedly reduce market volatility and extreme speculation amid the transition away from Russian pipeline supplies. For the reasons mentioned above, it is likely that the share of Russian . However, gas consumption by the power industry, after peaking in 2013, followed a declining trend for the past few years following the economic slowdown in the country. Russia's continued curtailment of natural gas flows to .
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