Platts: Italian October natural gas demand down 5.2% year on year to 4.556 Bcm

Natural gas demand in Italy in October stood at 4.556 billion cubic meters, down 5.2% year on year, gas and power exchange manager GME said.

The decrease was mainly due to lower power plant consumption, which was down by 10.3% to 1.628 Bcm.

Meanwhile, demand from industrial sites and local grids fell 5.3% and 1.8%, respectively, to 1.092 Bcm and 1.639 Bcm. Exports and grid losses rose 17.9% to 197 million cu m.

On the supply side, imports decreased 16.6% to 4.160 Bcm, driven by a drop in Algerian and Russian gas flows into the Mazara del Vallo and Tarvisio entry point by 87% and 33.2%, respectively, to 1.527 Bcm and 151 million cu m.
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