* Just 48 million cu m of Russian gas reached Italy Sunday * Supplies from northwest Europe at lowest since October 2015 * Algerian exports to Italy remain above 60 million cu m/d Italian gas imports from Russia and northwest Europe hit new lows on Sunday, as flows from Algeria continued to defy expectations, remaining at a steady high since the start of April, according to data from Eclipse Energy, an analytics unit of Platts, Monday. The rise in Algerian gas exports to Italy since the start of the second quarter has seen a slump in supplies from Italy’s other core gas suppliers. Italy is Europe’s third biggest gas market with consumption of some 66 Bcm in 2015, and it is reliant on imports for as much as 90% of its demand. Article Continues below… European Gas Daily is a flagship Platts publication that delivers crucial competitive intelligence across […]