Close Menu
    What's Hot

    I Refused to Wear My CPAP at First. Now I Don’t Sleep Without It.

    March 24, 2026

    Won Stablcoin Plots Asia FX Dominance

    March 24, 2026

    Trump: Iran offered the U.S. a ‘present’ to show good faith in war resolution negotiations

    March 24, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Stocks»Russian gas exports via Ukraine to Europe stable despite Austria cuts By Reuters
    Stocks

    Russian gas exports via Ukraine to Europe stable despite Austria cuts By Reuters

    Press RoomBy Press RoomNovember 16, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    MOSCOW (Reuters) – Russian gas producer Gazprom (MCX:) said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday, despite expectations of gas supplies cuts to Austria over a contractual dispute.

    Russian Interfax news agency cited data from European gas pipeline operators as saying that gas exports from Russia via Ukraine were stable, while Austrian company OMV was not among the gas recipients.

    It said OMV usually accounted for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day. It was not immediately clear if the flows have been redirected.

    Russia told Austria on Friday it would suspend gas deliveries via Ukraine starting from 0500 GMT on Saturday, in a development signalling an end to Moscow’s last gas flows to Europe.

    Russia’s current five-year agreement with Ukraine expires in the end of this year, and Kyiv has repeatedly said it is not willing to extend it amid the ongoing military conflict.

    Moscow’s suspension of gas for Austria, the main recipient of gas via Ukraine, means Russia will now only supply significant gas volumes to Hungary and Slovakia, in Hungary’s case via a pipeline running mostly through Turkey.

    In contrast, Russia met 40% of the European Union’s gas needs before Moscow sent thousands of its troops to Ukraine in 2022.

    © Reuters. FILE PHOTO: A view shows the Orenburg gas processing plant of Gazprom in the Orenburg Region, Russia September 1, 2023. REUTERS/Alexander Manzyuk/File Photo

    Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.

    In 2023, the Ukraine transit route met 65% of gas demand in Austria and its eastern neighbours Hungary and Slovakia, according to the International Energy Agency.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    XRP fails to top $1.41 despite Ripple’s partnership with Aviva

    February 15, 2026

    Citi sees 3 major risks in Pinterest stock’s path to recovery

    February 15, 2026

    Commodity wrap: gold, silver tumble as rate cut bets fade; oil slips 3%

    February 14, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    I Refused to Wear My CPAP at First. Now I Don’t Sleep Without It.

    March 24, 2026

    Won Stablcoin Plots Asia FX Dominance

    March 24, 2026

    Trump: Iran offered the U.S. a ‘present’ to show good faith in war resolution negotiations

    March 24, 2026

    TikTok Is Casting Actors for Its Own Short Dramas

    March 24, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.