The EU’s dependence on Russian gas has fallen by 70% in the last year

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In the last year – from August 2021 to August 2022, the European Union has considerably reduced its dependence on Russian natural gas, replacing it, to a large extent, with liquefied natural gas (LNG) from other sources, according to the results of a study carried out by a group of researchers from the University of Piraeus, Greece, cited by the Greek publication Kathimerini.

The study, coordinated by Professor Yannis Maniatis, shows that gas imported from Russia represented only 11% of total EU gas imports in August 2022, compared to 39% in the corresponding month last year, i.e. a reduction of almost 70% the share of Russian gas in total imports. In May 2022, the share was still 26%, but since then Europeans have accelerated the search for alternative sources of supply.

LNG imports rose from 15% in August 2021 to 38% a year later, peaking at 42% of the total in July.

The second largest source of gas is Norway, contributing 25% to 35% of the total, with a peak in August 2022 and less active periods in March and April.

Natural gas from North Africa accounted for 10-13% of imports over the past year, with Azerbaijan contributing 3-4%, according to data published by Greek researchers.