• Global Gas Analytics
  • Analysis & Forecasts

Europe & Russia Trade

January 2019

Russian flows to Europe are expected to rise on an annual basis in January after having fallen in Q4.

Russian exports to Europe fell by 9% year on year in Q4, to 47.9 bcm. However, flows are forecast to rise in January by 5.2% on an annual basis, to 18.1 bcm. Weak consumption at the end of last year limited Europe’s need for imported volumes and while supplies are expected to increase on an annual basis in January, they are likely to remain below January 2017...