PJSC Gazprom Adr. (OGZPY)

[Lady-baron]

Winter is coming..

Gazprom has no plans to reduce the volume of gas supplies to Europe as it happened last year, Gazprom Deputy Chairman Alexander Medvedev said Wednesday.

"It has nothing to do with last year. We cannot compare the two. Export volumes are significantly higher — 159-160 bln cubic meters against 146.3 bln cubic meters," Medvedev said.

As TASS reported earlier, in early autumn of 2014 Slovak gas company SPP, Polish PGNiG and the German E.ON registered a decline in supplies from Russia. SPP, in particular, reported a reduction of supplies from around 10% in September to 50% in early October.

Also in September 2014, Romanian Energy Minister Razvan Nicolescu said that gas deliveries from Russia to Romania decreased by 5%. At the same time Austrian OMV reported a minor reduction in gas supplies from Russia — 15%. A decline of around 10% in supplies of Russian gas was registered in Italy.