Russia's natural gas exports to the European Union this year are expected to decline by 50 billion cubic meters (bcm)—or by one-third of last year's volumes—Russian Deputy Prime Minister Alexander Novak said on Thursday. "According to estimates currently in the Ministry of Energy, exports will decrease by about 50 billion cubic meters," Novak said on the sidelines of an event in Moscow, as carried by Russian news agency Interfax.
To compare, last year, Russian gas exports to the EU totaled around 150 bcm, per Reuters estimates. …Russia Says Natural Gas Exports To EU Will Drop By 33% This Year
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