On Wednesday morning, the operator of the Ukrainian gas transmission system interrupted the transit of Russian gas to Europe via the Sochranovka measuring station. He justified the step with the activities of the Russian occupying forces.
According to the data, deliveries have already fallen in Slovakia, by about fifteen percent. According to Kiev, in order to meet transit obligations to European partners, it is possible to temporarily redirect gas flows to the Sudza interconnection point, which is located in the territory controlled by Ukraine. If Russia does not redirect gas flows, gas supplies to Europe via Ukraine could fall by as much as a third.
According to the Czech Minister of Industry and Trade Jozef Síkely (for STAN), stopping transit has no effect on gas supplies to the Czech Republic. “Gas supplies to the Czech Republic are continuous and domestic storage facilities are filling at a rate of over 25 million cubic meters per day, which corresponds to approximately twice the daily consumption in the summer. Current domestic reserves exceed 1.25 billion cubic meters and are more than double last year. ” said.
About a third of the gas supply, which is transported from Russia to the EU via Ukraine, flows through the Sochranovka station. Gas flow through the Slovak border node Veľké Kapušany continues, but due to weak interest from European customers, it has decreased.
Ukrainian gas pipeline operator GTSOU said it would stop deliveries on the route from Wednesday due to force majeure. This clause applies when an enterprise is affected by an event over which it has no control. The company blamed Moscow for the interruption and offered to move supplies across other routes.
The gas pipeline through Sochranovka runs through the Luhansk region, part of which is controlled by Moscow-controlled and separatists.
According to Reuters, data on the transit of Russian gas to Europe via Ukraine at the Sudza entry point on Wednesday morning amounted to almost 72 million cubic meters. On Tuesday, 95.8 million cubic meters of gas were transported to Europe via Ukraine.
Russia’s gas company Gazprom said on Tuesday that it was technologically impossible to move all volumes to the Sudza interconnection point, as proposed by the Ukrainian company GTSOU. Gazprom also rejected Kiev’s reasons for declaring force majeure for gas transit, saying Ukrainians had been “working undisturbed” in Sochranovka in recent weeks.
Gazprom spokesman Sergei Kupriyanov told Interfax that Gazprom will deliver 72 million cubic meters of gas through Ukraine on Wednesday, less than on Tuesday. However, he did not specify whether this was in line with the requirements of clients in Europe.
The price of a key futures contract for gas in TTF before noon was around 97 euros per megawatt-hour, a decrease of more than one percent. At the beginning of March, shortly after the Russian invasion of Ukraine, the price briefly rose to a record around 345 euros per megawatt-hour. A year ago, it was around 18 euros per megawatt-hour. TTF is decisive for the price of gas in Europe.
The total contracted capacity for the transit of Russian gas through Ukraine to Europe is 109 million cubic meters per day. However, the main route for Russian gas to Europe is the Nord Stream 1 pipeline, which runs along the bottom of the Baltic Sea and has a capacity of 55 billion cubic meters of gas per year.
Bulgaria will take LPG from the US more cheaply than from Gazprom
From June, Bulgaria will consume liquefied natural gas (LPG) from the United States. According to the Bulgarian government, the country will pay a lower price than it paid to Russia’s gas supplier Gazprom.
Bulgarian Prime Minister Kiril Petkov and US Vice President Kamala Harris agreed on LNG supplies at a meeting in Washington. “Since June, deliveries of liquefied natural gas to Bulgaria have been agreed at lower prices than Gazprom’s,” the Bulgarian government said in a statement.
Gazprom cut off gas supplies to Bulgaria and Poland on April 27. He justified his decision by saying that the local gas companies PGNiG and Bulgargaz refused to pay for gas in rubles.