Bloomberg: Russian Gas Flows to Italy Fell to 4-Year Low Last Month

Italy’s imports of natural gas from Russia, its biggest source of the fuel, fell to the lowest level in more than four years as OAO Gazprom limited exports to Europe and supplies from other sources in the region increased.

Gas flows from Russia through the Tarvisio entry point declined 46 percent last month from a year earlier to the lowest level since May 2010, according to data from network operator Snam Rete Gas. Supplies from northern Europe via Passo Gries jumped 64 percent in the period, the data showed.

Italian shippers got 9.3 percent less Russian gas than ordered last month as Gazprom limited exports to nations including Poland and Slovakia, citing the need to meet its domestic demand. Russian gas flows fell short of orders by 16 percent or 9.5 million cubic meters (0.33 billion cubic feet) on Sept. 30, according to Snam data published yesterday.
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