STROGO SEKRETNO
Krassimir
Ivandjiiski
Home Archive Search Sponsors About us Contact



Russia scales down gas transit through Ukraine


 3 Aug, 2017 09:36

 

 

© Gleb Garanich / Reuters

 

More Russian gas is being pumped through OPAL, the European pipeline that connects Gazprom’s Nord Stream to Germany and the Czech Republic. This comes as Russia seeks to cut gas transit through Ukraine.

On August 1, Russian energy major Gazprom won an auction to use OPAL’s free capacity. The next day, the pipeline saw an increase in gas transit from 56 million cubic meters (mcm) to 71.5 mcm per day, Vedomosti daily reports, quoting OPAL Gastransport data.

© opal-gastransport.de

Gas transit from Ukraine dropped from 161 mcm on Tuesday to 147.6 mcm on Wednesday before stabilizing at 155.1 mcm by Wednesday evening.

Read more

Ukraine boosts reverse gas supplies from Europe by 240%

Kiev can lose 20 percent of its gas transit and about $400 million a year, Fitch Ratings oil and gas analyst Dmitry Marinchenko told the media.

In October 2016, the European Commission approved the expansion of Gazprom's access to OPAL.

In December, the Polish government and the company PGNiG appealed the European Commission decision in court, saying the inclusion of Gazprom in OPAL creates a threat of a disruption or termination of gas supplies to the EU. As a result, the EC decision was rescinded. However, last week, the EU Court lifted restrictions on Gazprom's access to OPAL's facilities.

The Russia-Ukraine gas transit contract expires in 2019 and Moscow has repeatedly said Ukraine will lose its status as a key transit hub.

The Nord Stream pipeline is already delivering Russian gas directly to Germany, bypassing Ukraine. Gazprom and Germany want to double its annual capacity of 55 billion cubic meters(bcm) of gas per year, but they face opposition from the United States and the EU’s eastern members and the Baltic States.

As an alternative option, Gazprom wants to deliver an additional 15.75 bcm to Southeast Europe through Turkish Stream, a pipeline currently under construction.


 



 
 
(c) 1991-2017, Strogosekretno.com, All Rights Reserved
Contents may not be reproduces in whole or in part without permission of publisher. Information presented in Strogo Sekretno may or may not represent the views of Strogo Sekretno, its staff, or its advertisers.
Strogo Sekretno assume no responsibility for the reliability of advertisements presented in the newspaper. Strogo Sekretno respects the privacy of our subscribers. Our subscriber mailing list is not available for sale or sharing.
Reprint permission: contact@strogosekretno.com