Russia now plans to transport more gas to EU via Ukraine
The volume of natural gas Russia intends to send to the EU through Ukraine has increased by almost 20%, but remains well below the initially declared contracted capacity, Ukrainian pipeline network operator GTSO said on Feb. 23.
"Russia’s application for natural gas transit for Feb. 23 is at 60.959 million cubic meters per day, or 10 million cubic meters more than the day before,” GTSO’s message said.
However, it’s still 44% below the transit capacity of 109 million cubic meters per day Russia has booked when it signed the contract with GTSO, according to the operator.
“Transit of gas via Ukraine to Europe remain below the contract volume, despite highly volatile European gas markets and historically low reserves,” GTSO added.
By mid-February, less than 5% of the European gas stocks built up in the summer of last year remain.
On Feb. 22, German Chancellor Olaf Scholz stated that he was halting the certification process for the Nord Stream-2 pipeline, rendering it unable to begin operations, due to the Russian invasion of Ukraine.
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