Russian gas supplies returning to normal levels in the most European states

07/02/2012 10:24 Natural Gas

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Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.

Most of the EU countries have experienced supply problems last week amid severe cold temperatures installed across Europe. The most critical situation is in Italy, where the gas supplies from Russia are 17% below normal levels, an improvement from last week's 21%. The Italian cabinet met yesterday to decide if the country should buy gas from neighboring countries in the next days. The Italian major ENI told Italian media that the company had enough gas to supply until Wednesday, but would encounter difficulties if the supply did not increase before then. ENI has increased imports from Algeria in the past few days to deal with the gas shortfall. According to the Russian government declarations, that state-owned gas giant Gazprom reduced gas supplies to the EU by about 10% for several days last week, although it did not specify which days.

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