• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Trade

December 2018

Russian gas exports to Europe will fall on an annual basis in Q4 as weak regional demand hits import requirements, but will still hit a new record for 2018.   

Russia exported 14.9 bcm of gas to Europe in October and 15.8 bcm in November, marking year-on-year declines of 6.1% and 11.5% respectively. GGA forecasts that exports to Europe will drop by 8.9% on an annual basis in December, to 17.2 bcm. This will bring down exports for Q4 to 47.9 bcm, a drop of 9%...