8 Aug 2024 11:07

Russia's Gazprom continues to supply gas to Europe through Ukraine, request for Thurs is 37.3 mcm

MOSCOW. Aug 8 (Interfax) - Transit of Russian gas to Europe through Ukraine is decreasing amid tensions in the area through which the pipeline runs and the nomination for Thursday was reduced by 12% compared to the usual level for a weekday.

"Gazprom is feeding Russian gas for transit through the territory of Ukraine in the amount confirmed by the Ukrainian side through the Sudzha metering station - 37.3 million cubic meters for August 8. The request for the Sokhranovka metering station was declined," the Russian gas giant's spokesman Sergei Kupriyanov told reporters. The nomination for Wednesday was 39.4 mcm.

The physical flow of gas at the exit point from Ukraine to the European Union remains continuous, data from European information platform ENTSOG showed.

This remains the only route for Russian gas exports through Ukraine to Europe.

Ukraine's Gas Transmission System Operator (GTSOU) declared a force majeure in regard to accepting gas for transit through Sokhranovka, claiming that it cannot control the Novopskov compressor station. The route through Sokhranovka provided transit of more than 30 mcm of gas per day. Gazprom believes there are no grounds for a force majeure or obstacles to continuing operations as before.

It was reported earlier that there was fighting in the Sudzha district of Kursk Region on the border with Ukraine.

The spot price of gas in Europe has risen by 5% since the start of the week amid the escalation of the situation in the region. Day-ahead contracts on the TTF hub in the Netherlands closed at $428 per 1,000 cubic meters on Wednesday.