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Gazprom's gas exports to Southeast Europe decline 13.3% y/y in volume in Q1

Gazprom's gas exports to Southeast Europe decline 13.3% y/y in volume in Q1 Gazprom's gas exports to Southeast Europe decline 13.3% y/y in volume in Q1


Belgrade, May 23 - Neftegaz.RU.
According to Serbian Seenews, Gazprom decreased its natural gas exports to Southeast Europe (SEE) by 13.3% on the year to 3.64 billion cubic metres in the first quarter of 2019, company data shows.

Moldova was the largest importer of natural gas from Gazprom among SEE countries in the review period, with imports of 969 million cubic metres, down 9.3%, figures from Gazprom's interim activity report show.

Bulgaria came second with imports of 810 million cubic metres in the first quarter of 2019, slightly down from 881 million cubic metres in the previous year.

North Macedonia marked the highest rate of increase in imports of Russian natural gas in the first quarter, to 81 million cubic metres, from 20 million cubic metres.

Details follow of Gazprom's exports to SEE countries (all figures in billions of cubic metres):

  Q1'19  Q1'18  y/y pct change 
Romania 0.466  0.719  -35.2%
Bulgaria 0.810  0.881 -8.1%
Serbia 0.702 0.730 -3.8%
Slovenia 0.015 0.097 -84.5%
Bosnia and Herzegovina  0.096 0.096 0.0%
North Macedonia 0.081 0.020 305%
Moldova 0.969 1.068 -9.3%
Croatia 0.501 0.585 -14.4%
TOTAL 3.640 4.196 -13.3%