Weather Tonight: 8°c Light showers Morning: 13°c Light showers

Business

HEADLINES:

Where the export crisis has hit hardest


06.01.09

EASTERN, central and southern Europe is bearing the brunt of the Russian gas-export crisis. with Slovakia even declaring a state of emergency.

GREECE: Ministers in Athens said its supply from Russian pipelines dried up at midnight. As it remains reliant on Azerbaijan exports through Turkey, it is calling for increased seaborne deliveries of liquefied natural gas from Algeria. Turkey said its own supplies from Ukraine had been cut.

CROATIA: Zagreb said deliveries of Russian gas today had been stopped.

BULGARIA: officials in Sofia said supplies via the Ukraine have halted, comments echoed by Macedonia.

POLAND: Deliveries via Ukraine were sharply lower on Tuesday, according to Warsaw's deputy economy minister.

CZECH REPUBLIC/SLOVAKIA: Gas supplies to both countries dropped significantly overnight.

HUNGARY: While supplies are said to be down significantly, energy suppliers said there is no need for consumer restrictions as yet.

AUSTRIA: The country's main oil and gas group OMV said Russian gas flows had dropped 90% but said it is using its natural gas reserves to cover the shortfall

ROMANIA: State-controlled Transgaz said Russian supplies to the Black Sea state have been cut by 75%.

ITALY: Rome said Russian supplies are decreasing but it is making up any shortfall from pipelined deliveries from northern Europe.

GERMANY: Berlin said the crisis has as yet not strained gas supplies though the country's equivalent of the CBI warned preparation should be made for import shortfalls.

FRANCE: state-controlled GdF Suez said deliveries are as yet unaffected.

Reader views (0)

 Add your view

No comments have so far been submitted.


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
Market Roundup
FRIDAY UPDATE

Morgan Stanley casts cloud over Thomas Cook and Tui

Shares of the UK’s two biggest package holiday operators were among the heaviest blue-chip fallers today after one broker decided that their outlook was far from sunny

More



City Spy, cityspy@standard.co.uk

Mayday! Who will leave BA board?

“The board of British Airways, with fees of £50,000 a year for a part-time director attending seven meetings and all those unlimited first class flights for them and the family, has been one of the most eye-catching City gravy trains. But that train is about to get a lot shorter

More

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses

CitiDirect.co.uk - Directory Enquiry Service for UK Businesses
Service Area or postcode