Cold weather cutting Russian natural gas exports

02/13/2006
A further drop in Russian exports of natural gas to Europe is expected due to severely cold weather, according to a Jan. 20 statement from East European Gas Analysis, Malvern, Pa.“We expect the average daily flow of Russian gas from Ukraine to Europe to drop further to 325-330 million cu m/day,” 13-15% lower than estimated contracted volumes, EEGA reported.“Colder winter means more gas consumed in Russia and less available for exports,” EEGA said.According to weather forecasts, the extremely cold weather in European Russia is expected to last throughout this month. The mean temperature in Moscow is expected to be -25° C.Mikhail Korchemkin, EEGA managing directo...
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