As a result of the Russian invasion of Ukraine in late February 2022, the value of Russian gas imports to the European Union soared. The import value of Russian gas stood at around 171.8 million euros on February 21, just days before the start of the Russia-Ukraine war. By April 4, the Russian gas import value had surged to nearly 265 million euros. While the gas import value decreased substantially in spring and summer 2022, so did the gas import volume. In effect, the European Union paid more for less gas.
Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros)
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Natural gas in EuropeEnergy Monitor. (September 20, 2022). Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/
Energy Monitor. "Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros)." Chart. September 20, 2022. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/
Energy Monitor. (2022). Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/
Energy Monitor. "Estimated Daily Import Value of Russian Gas to Meet Demand in The European Union from February 1, 2021 to September 5, 2022 (in Million Euros)." Statista, Statista Inc., 20 Sep 2022, https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/
Energy Monitor, Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros) Statista, https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/ (last visited June 10, 2024)
Estimated daily import value of Russian gas to meet demand in the European Union from February 1, 2021 to September 5, 2022 (in million euros) [Graph], Energy Monitor, September 20, 2022. [Online]. Available: https://www.statista.com/statistics/1281568/daily-russian-gas-import-costs-to-the-eu/