• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Trade

October 2017

As indigenous European production falls at the start of the winter, Russian exports to Europe are also expected to decline.

Russian exports to Europe are expected to fall by 9% on an annual basis in October. This will be the first year-on-year decline for any month in 2017. The drop will see Europe’s imports from Russia decrease to 15.5 bcm. However, exports to Europe were very high in October 2016, having risen by around 17% on an annual basis, to approximately 17 bcm. Consequently, the volume...