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    Gazprom non-FSU exports slump 41.3% in Jan

Summary

In the same month supplies to the domestic market were up 3.2%.

by: NGW

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Gazprom non-FSU exports slump 41.3% in Jan

Russia's Gazprom cut gas deliveries to countries outside the former Soviet Union (FSU) by 41.3% year on year in January to 11.4bn m3, the company reported on February 1.

In the same month supplies to the domestic market were up 3.2%, Gazprom said, while exports to China via the Power of Siberia pipeline continued to grow. 

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Gazprom's non-FSU deliveries in the first half of January averaged 0.36mn m3/d, while supplies in the second half were slightly up at 0.375bn m3/d, NGW calculates.

The recent slump in Russian supply to Europe comes against a backdrop of heightened tensions between Russia and the West over the buildup of Russian forces near the Ukrainian border.