Europe & Russia Trade

Europe’s supply/demand gap is set to widen, with Russian exports likely to rise to help meet market requirements and US LNG due to arrive in June.

Russian exports to Europe are expected to increase further in May. The country’s exports to Europe could rise by around 9% on an annual basis during the month, to reach 15.4 bcm. Russian gas will be required for European storage builds as well as meeting market demand. Russian production is expected to rise to around 53 bcm in May, an...