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Russia's share of gas in the European Union is increasing again.

In this regard, the country ranks third.

Image of 'Russia's share of gas in the European Union is increasing again.'

The share of Russia's gas exports started to grow again within the composition of European Union imports. This was reported by zamon.uz. 

It was reported that this indicator had sharply decreased after the beginning of Russia's large-scale war against Ukraine.

In the first quarter of 2022, the share of gas from Russia constituted 34 percent in the EU (with Norway in second place at 25 percent). However, by the second quarter of 2023, the share of Russian gas had dropped to 14 percent. According to the European Commission, imports have started to grow again from this time onwards.

In the first quarter of 2024, Russian gas constituted 19 percent of the European Union's total gas imports. Russia is in position after Norway (34%) and the USA (20%), but ahead of Algeria (13%) and collectively gas supplied from Azerbaijan, Qatar, the United Kingdom, and other countries (14%).

According to data from the Bruegel think tank, the value of the European Union’s gas imports reached its highest point at the beginning of 2022.

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