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According to Platts News London, September 3, analysis of statistics released on Monday by S&P Global Platts Energy Consulting and Analysis showed that Russian exports of Western and Central European natural gas recovered strongly in August after falling due to pipeline maintenance in July
, as European demand for Russian gas remained strong to meet demand in the power and storage sectors.
As oil-linked contract prices continue to be competitive against central European prices, Russian gas exports to Central and Western Europe are also likely to remain high in the coming months, prompting buyers to nominate more Russian gas later this year, when gas prices will become more expensive
.
Russia exported a total of 11.
64 billion cubic meters of natural gas to Western and Central Europe through three major pipelines in August, the highest monthly level
since May, according to the latest statistics from S&P Global Platts Energy Analysts.
Russia's natural gas exports to Europe have been strong so far this year, supplying 86.
74 billion cubic meters of gas to Europe in the first eight months of this year, an increase of 1.
5 billion cubic meters
over the same period last year.
According to Platts News London, September 3, analysis of statistics released on Monday by S&P Global Platts Energy Consulting and Analysis showed that Russian exports of Western and Central European natural gas recovered strongly in August after falling due to pipeline maintenance in July
, as European demand for Russian gas remained strong to meet demand in the power and storage sectors.
As oil-linked contract prices continue to be competitive against central European prices, Russian gas exports to Central and Western Europe are also likely to remain high in the coming months, prompting buyers to nominate more Russian gas later this year, when gas prices will become more expensive
.
Russia exported a total of 11.
64 billion cubic meters of natural gas to Western and Central Europe through three major pipelines in August, the highest monthly level
since May, according to the latest statistics from S&P Global Platts Energy Analysts.
Russia's natural gas exports to Europe have been strong so far this year, supplying 86.
74 billion cubic meters of gas to Europe in the first eight months of this year, an increase of 1.
5 billion cubic meters
over the same period last year.