Jan 20, 2023
Gazprom Curbs Flows to Europe Via Ukraine for a Second Day
(Bloomberg) -- Gazprom PJSC’s natural gas exports to Europe via Ukraine extended declines for a second consecutive day.
Flows were at 24.4 million cubic meters on Friday, slightly down from 25.1 million cubic meters a day earlier, according to a statement from the Russian producer. Exports were at about 32.6 million cubic meters earlier in the week.
Gazprom didn’t provide a reason for the reduction. On Thursday, analysts attributed the drop to lower demand for Russian gas supplied under long-term contacts as spot purchases are currently cheaper.
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