Russia plays on Europe’s gas-cut fears
Gazprom reduces gas supply to Europe amid freezing temperatures
Gazprom is using freezing temperatures to drive home the importance of Russian gas supply to Europe, helping to sending prices skywards in the process.The Russian export monopoly reduced gas exports to Europe last week after domestic demand soared amid plummeting temperatures. Gazprom said it could deliver contracted volumes to European customers – but despite a cold snap gripping Europe, too, the firm said it would not be able to supply any additional gas as utilities try to meet increased heating demand."[European gas] supplies decreased slightly, by around 10%, for several days, and to Poland and Italy for basically one day. The rest of the time [our supplies were] in line with the contra
Also in this section
2 April 2026
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
2 April 2026
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
