Natural Gas In The Limelight As Power Demand Soars ...Middle East

Economy by : (OILPRICE) -
While oil markets remain incredibly tight, it is natural gas markets that are making headlines in energy markets this week. Russia is sending less natural gas to European countries and Northeast Asian nations are seeing power demand surge amid intense heatwaves.Chart of the Week- Russian pipeline gas supplies have dropped to their lowest in years, with Gazprom sales to non-CIS countries plunging to an average of 307 mcm/day as the Russian firm claims that EU sanctions are interfering with its planned maintenance. - Whilst Gazprom blames the…

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