Gazprom’s natural gas sales to Europe this year could drop by 40 billion-45 billion cubic meters (bcm) from around 150 bcm in 2021. Supply risk is increasing as the war in Ukraine could disrupt pipeline gas transit through Ukraine. Russia: some customers have agreed to pay for gas in rubles. The EU’s determination to reduce its gas reliance on Russia, its drive to increase LNG imports, and Putin’s ruble-for-gas demand could result in Russian state gas giant Gazprom losing about one-third of its typical gas export volumes to Europe this year, analysts told Reuters on Friday. Gazprom’s natural gas sales to Europe this year could drop by 40 billion-45 billion cubic meters (bcm) from around 150 bcm in 2021, Sergei Kapitonov at the Energy Centre at Moscow’s Skolkovo School of Management told Reuters. According to Rystad Energy’s head of gas market research, Sindre Knutsson, Russian gas exports could be […]