Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas (LNG) and new Azeri supplies helped the region reduce reliance on Russia.Russian exports to Turkey, the biggest regional market, fell 36% compared to the first half of 2018, while exports to Greece and Bulgaria dropped 12.7% and 17.4% respectively, data published by Russia’s Gazprom showed.Low LNG prices, driven down by sluggish spot demand in Asia and rising output particularly in the US, as well as the expansion of gas output and pipeline …read more
Source:: Gulf times
