Shortened Natural Gas Supply from Russia

BusinessCommodities ♦ Published: February 2, 2012; 16:14 ♦ (Vindobona)

The Austrian oil and gas group OMV reports that Russian natural gas exports only reach 70% of its normal level.

Shortened Natural Gas Supply from Russia / Picture: © Vindobona.org

Supply of Russian natural gas is shortened. Yesterday, the Russian press agency Interfax wrote about a cut in gas supply for Europe, Russian Gazprom denied, however. “In order to ensure exports, the group uses all pipelines and takes more natural gas from its stores in Europe.”, Gazprom argued yesterday. Now, OMV confirms that Russian gas supply had to be limited because of a sudden…

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