When it is really cold - and the need for gas is at its greatest - do not count on deliveries from Russia´s Gazprom!:
RWE AG (RWE.XE) unit Supply & Trading is getting around 30% less gas than usual from Russia, an RWE  spokeswoman told Dow  Jones Newswires, after national operators in Poland and Austria reported  declining delivery volumes from gas giant OAO Gazprom (GAZP.RS) amid severe cold  weather.
In Germany, a spokesman for Wingas--the country's second-largest importer of  gas and a 50-50 joint venture between German chemicals giant BASF SE's (BAS.XE)  Wintershall unit and Gazprom--said earlier Thursday that there were noticeable  reductions in Russian deliveries, but that these are hard to quantify. He also  said that Gazprom had previously notified customers that there may be reductions  in deliveries during the cold weather.
Read the entire article here
No comments:
Post a Comment