S&P Golbal Platts data showed that Russian gas flows to Europe was steady in June at 11.1 billion cubic meters (bcm), which represents a decline of 20% year on year (YoY), S&P Global Reported.

The data stated that the reduction was due to several factors including high gas storage stocks, low prices, weak demand, and the second consecutive mild winter  which pushed the supply to fall to an average 359 million cm/d so far this year, down 25% YoY.

Additionally, the data demonstrated that Russian gas supply to Europe during June 2020, excluding the former Soviet Union countries in line with Gazprom’s own sales data, totaled 65.4 bcm.

Furthermore, it is expected for the Russian gas flow into Europe to be affected by the fully shutdown of Nordstream.