Russian Gas Exports to Europe Increase 22 Percent in March

Russian gas exports to Europe via TurkStream rose 22 percent in March. The increase to 55 million cubic metres daily follows shipping issues in the Middle East.

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Russia has recorded a 22% year-on-year increase in its Natural Gas pipeline exports to Europe for the month of March, as regional energy flows shift in response to the conflict in Iran. The effective closure of the Strait of Hormuz has left global markets vulnerable, disrupting a corridor that typically handles a fifth of the world's maritime energy trade.

The corporate logo of Gazprom is seen on display during a major international gas industry event in Saint Petersburg. REUTERS/Anton Vaganov/File Photo
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