BAKU, Azerbaijan, April 6. In 2023, pipeline gas trade in Europe will continue to be influenced by the quantity of volumes imported from Russia, the Gas Exporting Countries Forum (GECF) said, Trend reports.
“In total, the volume of pipeline gas that will be delivered will be less than in 2022, since flows along the major route, Nord Stream 1, will not resume in the short term. Nevertheless, Russia may continue to increase flows via Turkstream, which has the potential to supply around 4.5 bcm more volumes than in 2022,” reads the latest GECF report.
GECF experts believe that Norwegian pipeline exports, having already ramped up in 2022, are not expected to demonstrate further significant gains in 2023.
“In October 2022, the 10 bcma Baltic Pipe from Norway to Poland via Denmark was commissioned. With regular flows from 2023, this new supply route is expected to redistribute some of the volumes currently imported by Germany, rather than an overall increase in quantity to the region.
With respect to the other suppliers to the region, Algerian exports to Italy are expected to grow marginally, as per agreements signed between the two countries in 2022. The immediate effect was an increase in flows by 9% in 2022, with incremental growth of a further 7 bcm by 2025. Similarly, Azerbaijan supplied 3 bcm more pipeline gas in 2022, and has agreed to increase its pipeline exports to the region, through a doubling of the capacity of the Trans Adriatic Pipeline to 20 bcm by 2027.”
---
Follow the author on Twitter: @Lyaman_Zeyn
