EGF Gazprom Monitor, Issue 118, March 2021

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A Snapshot of Key Developments in the External Relations of the Russian Gas Sector

By Dr Jack Sharples, EGF Associate Researcher on the External Dimensions of Russian Gas and Research Fellow on the Natural Gas Research Programme, Oxford Institute for Energy Studies

Key points:

  • Europe: Gazprom reports second-highest ever March sales to Europe and Turkey; March sales support strong figures for Q1 2021 and winter 2020/21 overall; Gazprom ESP sales remain slow in March
  • Nord Stream 2: Second Russian vessel prepares to join pipe-laying activities; OMV becomes second Nord Stream 2 "Project Investor" to end disbursements to the project; EUGAL pipeline fully operational, and waiting for Nord Stream 2
  • Turkey and the Southern Corridor: Rebound in Gazprom's pipeline supplies to Turkey continued in January 2021
  • Asia: Power of Siberia stops for maintenance in first week of April
  • Other: Gazprom announces delivery of first carbon-neutral LNG cargo in Atlantic basin
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