Saturday, September 13, 2014

Central, East Europe Brace for Energy Shortages as Russian Gas Flows Fall

Moscow's Dispute With Ukraine Over Gas Payments Threatens Supplies

By Sean Carney WSJ
Updated Sept. 12, 2014

PRAGUE—A fall in natural gas flows from Russia to several Central and Eastern European countries this week has sent a chill through the region as it prepares for possible energy shortages this winter.

Austria's energy regulator E-Control and oil and gas company both said on Friday that gas shipments from Russia were down 15% from previously ordered volumes.

The decline in supplies to Austria began Thursday and was expected to continue through Friday, said Robert Lechner, of OMV's press office.

"Until now we are not aware of the specific reasons for this," Mr. Lechner said.

(More here.)

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