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HomeBusinessRussian Pipeline Gas Exports to Europe Down 6.7% in Nov So Far

Russian Pipeline Gas Exports to Europe Down 6.7% in Nov So Far

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 Average daily natural gas supplies to Europe by Russian energy giant Gazprom (GAZP.MM) were down 6.7% in the first half of November from their October levels, Reuters calculations show.

The calculations, based on data from European gas transmission group Entsog and Gazprom’s daily reports on gas transit via Ukraine, showed that average daily pipeline exports of Russian gas to Europe declined to 82.5 million cubic metres (mcm) in the first half of the month from 88.4 mcm in October.

Gazprom has not published its own statistics since the start of the year. The company has not replied to a request for comment.

Total Gazprom supplies to the European Union from Nov. 1-15 via the Turkish Stream and Ukraine reached some 1.2 billion cubic metres (bcm). For the whole of October, exports stood at 2.74 bcm.

Gazprom’s natural gas exports to Europe year-to-date have reached around 24.4 bcm.

Source : Reuters

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