Russia’s Gazprom cut gas supplies to Germany, Turkey in March

Must Read

Turkey rescues 32 asylum seekers in Aegean

BALIKESİR- Anadolu Agency ...

Pressure piles up on Turkey ahead of EU leaders’ meeting

ANKARA: European pressure is piling up on Turkey ahead of a meeting next week about the country’s activities in the...

May 21, 2020 – 18:38 AMT

PanARMENIAN.Net – Russian gas giant Gazprom decreased its supplies to major clients Germany and Turkey in March, the Interfax news agency reported on Tuesday, citing Russian customs data.

Natural gas pipeline exports by Gazprom, which account for around 35% of the European gas market, plummeted by almost one-fifth in the first quarter against the backdrop of weak demand, a source familiar with the data told Reuters earlier.

Turkey reduced imports from Gazprom by sevenfold year-on-year to a symbolic 206 million cubic metres in March, Interfax said.

Supplies to Germany fell by 45% year-on-year to 2.67 billion cubic metres in March, the news agency added.

Gazprom’s March exports to Austria and Belarus were also down – by 25% and 8%, respectively, while supplies to Italy and Hungary rose by 19%, Interfax said.

The state-controlled gas company has said it expects its natural gas exports to decline by around 16% in 2020 as the coronavirus crisis hit global demand.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Turkey rescues 32 asylum seekers in Aegean

BALIKESİR- Anadolu Agency ...

Pressure piles up on Turkey ahead of EU leaders’ meeting

ANKARA: European pressure is piling up on Turkey ahead of a meeting next week about the country’s activities in the eastern Mediterranean, with the European...

‘Iran, Turkey need to coop. against threats at joint border’

Iran's Deputy Interior Minister for Security Affairs Hossein Zolfaghari held a phone conversation with Turkish Deputy Interior Minister Mohtaram Injeh on Friday. During the phone...

September 14, 2001: The Day America Became Israel

This article is dedicated to the memory of an activist, inspiration, and recent friend: Kevin Zeese. Its scope, sweep, and ambition are...

More Articles Like This