• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Trade

August 2018

Russian gas exports to Europe continued to rise in July, and further gains are forecast for August.

Russian flows to Europe rose by 5% year on year in July, to 15.9 bcm. Although the Nord Stream pipeline was closed for maintenance during the second half of the month, the use of alternative transport routes combined with the use of Gazprom volumes from storage capacity in Europe enabled exports from Russia to continue to rise. The increase in flows in July helped boost Russia’s gas exports to...