Gazprom continuing to supply natural gas via Ukraine

28 March, 04:26 PM
Gazprom (Photo:Evgenia Novozhenina / Reuters)

Gazprom (Photo:Evgenia Novozhenina / Reuters)

Despite the Kremlin launching a full-scale invasion of Ukraine on Feb. 24, giant Russian gas company Gazprom is continuing to pump gas through Ukraine’s gas transportation system at maximum levels.

The Ukrainian gas transportation system is working at the maximum capacity foreseen in its agreement with Gazprom: 40 billion cubic meters of Russian gas flowing through Ukrainian pipes a year. That is 109 million cubic meters a day.

“Gazprom supplies Russian gas for transit via the Ukrainian territory as normal, according to demand bids from the European customers – 109.5 million cubic meters as of March 28,” says Gazprom’s Sergey Kupriyanov, quoted by Interfax-Ukraine, a news agency based in Kyiv.

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However, on March 16-17 there was a marginal decrease in the volume of supplies – down to 95 million cubic meters a day.

Russia’s Yamal-Europe pipeline has been working in a reverse mode since March 15, delivering Russian gas from Germany to Poland.

The spot price for natural gas on TTF, a European hub, was in the range of $1,060 to $1,230 as of March 28.

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