Energy

Through Saturday, the Yamal-Europe line through Belarus and Poland is closed for repairs, helping to push EU prices to 13-year highs

Thursday, July 8, 2021

. Next Tuesday, Nord Stream 1 closes for 10 days of scheduled repairs. Despite these supply drops and low storage levels in Europe, Gazprom refuses to book extra capacity through Ukraine. “If Gazprom cannot meet gas demand, other Russian and Central Asian gas producers should be allowed to use Ukrainian gas, and the Russian GTS for gas transit to the EU,” said Serhiy Makogon, OGTSU Director General. Naftogaz said that Central Asian countries could send 40 bcm of gas through Ukraine’s pipelines – if authorized by Russia.

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Ukrainian-American gas trader ERU Trading will boost its capacity to import gas from the EU to Ukraine with a new €10 million loan from the EBRD,

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Russia’s Gazprom is keeping to its transmission contract by sending through Ukraine 19.7 billion cubic meters for the first half of this year

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