Russia

Russia ranks second in terms of share of total value of gas imports to EU in May

TASS English · 2026-07-16

AI SUMMARY

• What happened: In May, Russia ranked second in the EU's gas imports, supplying €1.5 billion worth, which accounted for an 18.9% share, following the US at 29.3%. • Why it matters: This data highlights Russia's ongoing role as a significant gas supplier to the EU, despite a 10% decrease in total purchases compared to the previous year. • What to watch next: Future trends in EU gas imports, particularly how Russia's share may change amid geopolitical tensions and the EU's energy diversification efforts.

Russia ranks second in terms of share of total value of gas imports to EU in May In total, the European Union purchased 1.5 bln euros worth of gas from Russia in the reporting periodMOSCOW, July 16. /TASS/. Russia ranked second after the US in the total value of gas imports by the EU in May, accounting for an 18.9% share, according to Eurostat data and TASS calculations. In total, the European Union purchased 1.5 bln euros worth of gas from Russia in the reporting period. The US took first place with its LNG supplies, accounting for 29.3% and 2.3 bln euros. Norway came in third with 17.9% and 1.42 bln euros. Algeria ranked fourth with a 17.7% share and the volumes of supplies to Europe worth 1.4 bln euros, followed by the UK with 6.1% and 485 mln euros. Overall, from January to May 2026, Russia’s share of EU gas imports stood at 17.6% (ranking second among all suppliers) compared to 17.3% in the previous year. 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Source: TASS English
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