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Gazprom Gas Flows to Europe Slump in June

NATURAL GAS

Gazprom exported an average of 307 million cubic meters a day to countries outside the former Soviet Union in the first 15 days of June, down 13% from May, according to Bloomberg calculations.

  • Russia’s daily gas exports have tumbled so far in June to their lowest since at least 2014.
  • So far this year, the gas giant has shipped 65.6 billion cubic meters to key foreign clients, a drop of 29% from the same period a year earlier.
  • Gazprom flows have been hit by Nord Stream pipeline issues and a halt in supplies to several buyers who refused new payment methods.
Energy BulletsCommodities
Energy BulletsCommodities

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