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    Gazprom to report record low gas exports to Europe in Q4-2014

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Summary

Gazprom to report the worst fourth quarter of this century. In Q4-2014, Gazprom exported about 30 percent less gas than in the same period of 2013. Gas export revenue is likely to be about a third lower than in Q4-2013.

by: Mikhail Korchemkin | East European Gas Analysis | EEGA

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Natural Gas & LNG News, News By Country, Russia

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Gazprom to report record low gas exports to Europe in Q4-2014

From the standpoint of gas export volumes to Europe and Turkey, Gazprom will report the worst fourth quarter of this century (so far). In Q4-2014, Gazprom exported about 30 percent less gas than in the same period of 2013. Gas export revenue is likely to be about a third lower than in Q4-2013.

Daily export flows of the first two weeks of January 2015 are lower than the flows of December 2014.

Mikhail Korchemkin

Mikhail Korchemkin is with East European Gas Analysis, a Natural Gas Europe Partner

 

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