With European gas prices at 13-year highs, Gazprom declined an opportunity yesterday to increase its shipments across Ukraine in August by 50%
, reports the Gas Transmission System Operator of Ukraine. Currently, Russia’s gas export monopoly company is shipping 124 million cubic meters a day across Ukraine. Yesterday, Ukraine offered additional transit of 63.7 million cubic meters. There were no bids. With supplies tight, there is “no doubt that Europe will meet the new winter with half-empty underground storage facilities,” reports Interfax-Ukraine. Nord Stream 1 resumed shipments to Germany Friday, ending a 10-day closure for maintenance.