Russia's Natural Gas Exports To Europe Have Slumped This Month

Russia’s natural gas exports via pipeline to Europe have fallen by 11.4% so far this month compared to the average pipeline flows in April, estimates from Reuters showed on Monday. Russia still sends some gas via pipelines to Europe via one transit route through Ukraine and via TurkStream.   Between May 1 and May 15, Russia’s gas giant Gazprom sent 67 million cubic meters per day of gas to Europe, down from 75.6 million cubic meters per day last month, as spot prices for gas in Europe fell to a 21-month low. Low demand for natural…