Norway replaced Russia | EUROtoday
SAccording to a Eurostat examine, power imports into the European Union decreased by 11.3% in quantity within the second quarter of 2023 in comparison with the identical quarter of the earlier 12 months. Those of oil from Russia fell from a month-to-month common of 8.7 million tonnes within the second quarter of 2022 to 1.6 million tonnes within the second quarter of this 12 months, a drop of 82%. During the identical interval, pure gasoline imports from Russia halved, from 5.1 to 2.5 million tonnes.
In worth phrases, Russia was nonetheless the European Union’s main provider of petroleum merchandise within the second quarter of 2022, with a share of 15.9% of whole imports. A 12 months later, following the sanctions taken towards Moscow after the invasion of Ukraine, it was solely 12e rank, with a share diminished to 2.7%. At the identical time, Norway’s share elevated by 3.5% to 13.7%, changing into the EU’s high provider. It is forward of the United States (13.6%), Kazakhstan (10.2%), Saudi Arabia (9%) and Libya (8.1%).
What about gasoline?
For imports into the EU of pure gasoline within the gaseous state, Russia’s share in worth fell in a single 12 months from 28.3% to 13.8%, whereas that of Algeria elevated by 9 .3% and that of Norway 6.2%. The latter is right now by far the main provider of pure gasoline within the gaseous state within the EU with a share of 44.3%, adopted by the United Kingdom (17.8%) and Algeria ( 16.5%).
READ ALSO Putin and post-Wagnerian RussiaFinally, on the subject of liquefied pure gasoline (LNG), the United States is the EU’s main provider, with a 46.4% share of whole imports. Russia stays in second place (12.4%), forward of Qatar (10.9%), Algeria (9.9%) and Nigeria (5.1%).