Guaranteeing high EU gas prices this fall, Russia’s Gazprom bought only 4% of additional pipeline capacity offered at auction by Ukraine yesterday

Tuesday, August 17, 2021

, reports The news pushed Rotterdam hub gas prices to a new peak: $585/1,000 cubic meters. Ukraine’s Transmission System Operator had offered to pump an additional 15 million cubic meters in September – 14% above Gazprom’s daily contracted level. By forcing EU gas prices to the highest level in 20 years, Gazprom seems to be pressuring European government to commission the Russia-Germany Nord Stream 2 pipeline this fall.

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 has 17.6 billion cubic meters of gas in underground storage – enough for the winter, but 30% less than this time last year

Next post

“Afghanistan collapse sparks wave of alarm in Ukraine” is the headline for an Atlantic Council piece by Alyona Getmanchuk, director of the New Europe Center,

Previous Main Topics