Ukraine reduced Russia’s gas transit by a third due to the occupiers ’acquisition of GTS infrastructure.
Natural gas in Europe has risen in price and exceeded the level of $ 1,100 per 1,000 cubic meters. m against the backdrop of the stopping part of the Russian transit through Ukraine at the station Sohranivka captured by the occupiers in the Lugansk region. On Wednesday, May 11, TASS reported in relation to London ICE exchange data.
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“The price of June futures at the TTF hub in the Netherlands rose to $ 1,124 per 1,000 cubic meters, or EUR 103 per MWh (based on the current euro/dollar exchange rate, ICE prices are shown in euros per MWh)” – the message says.
Overall, the price of gas has risen by more than 4% since the start of trading.
The other day, GTS Operator of Ukraine announced that from May 11 it will stop sending gas to Europe through the station Sohranivka due to circumstances of force majeure – the company can not take control of the compressor station of border of Novopskov in the Lugansk region. In turn, nominations for transportation will be rejected, gas will not be accepted.
In turn, Russian Gazprom said it saw no reason to stop pumping in the previous mode and had not received confirmation of the circumstances of this force majeure. With OGTSU’s proposal to transfer all transit volumes to another entry point for Russian transit gas – the largest gas distribution station Sudzha in the Kursk region – Gazprom noted that it is technologically impossible to do based on the Russian flow scheme. At the same time, Gazprom has previously redirected flows at this point in connection with the repair of pipelines.
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Source: korrespondent
