European gas prices are at 13-year highs,

Monday, July 26, 2021

but Gazprom is only using 27% of Ukraine’s pipeline capacity, Serhiy Makogon, the General Director of GTS Ukraine Operator, tells the pipeline company’s press service. The strategy of spurning 100 billion cubic meters of idle East-West capacity, he says, is “to sell the commissioning of Nord Stream 2 as soon as possible…Gazprom can use our system, but does not do so, and thus stimulates further growth in gas prices in Europe.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

Ukraine’s pipeline company expect to receive $1.3 billion this year to move gas from Ukraine’s Russian border to the EU

Next post

Vitrenko rejected the promise by Angela Merkel, Germany’s outgoing chancellor, to guarantee continued gas transit after 2024.

Previous Main Topics