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Russia will reduce gas supply to Europe

Russian energy giant Gazprom said it will reduce natural gas supply to Europe as of next Monday by pinching flow to a pipeline that runs through Ukraine.

On its official Telegram account, the state-owned company said gas meant for Moldova is being held in Ukraine so it will reduce supply to the Sudzha pipeline to account for the difference.

“The volume of gas supplied by Gazprom to the GIS Sudzha for transit to Moldova through the territory of Ukraine exceeds the physical volume transmitted at the border of Ukraine with Moldova,” it said.
“While maintaining the transit imbalance through Ukraine for Moldovan consumers, on November 28, from 10:00, Gazprom will begin reducing gas supply to the Sudzha GIS for transit through Ukraine in the amount of the daily under delivery.”

A wider trend: Europe has raced to replenish its stocks this year ahead of winter as Russia dramatically cut its flows of pipeline gas, including halting all shipments through the Nord Stream 1 pipeline in September.

But a bigger challenge could emerge in the spring when Europe tries to refill its stores with a much-reduced supply of Russian pipeline gas. Flows to Europe are just 20% of their pre-war levels, according to research firm Wood Mackenzie.

CNN’s Anna Cooban contributed reporting to this post. 

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