Gas pumping booking via Ukraine at peak level on Sat

MOSCOW. March 19 (Interfax) - The pumping capacity of the Ukrainian gas transit corridor has remained at the peak level of the long-term contract (40 billion cubic meters a year, or 109 million cubic meters a day) on Saturday.

According to the data of the Gas Transmission System Operator of Ukraine, the nomination for March 19 is 106.6 million cubic meters, and bookings for March 18 totaled 106.5 million cubic meters.

The Yamal-Europe gas pipeline, which pumps gas through Belarus and Poland to Germany, switched to reverse mode on Tuesday and is continuing working this way so far. Gas supplies from Germany to Poland, meaning off-take of additional volumes from the main European hubs, are another component of the current high prices in the European Union.

Electricity generation from renewable sources is declining once again this week. The contribution of wind generation to the energy balance of Europe averaged 17% for the week of March 7 to 13; on Monday, and it has averaged 12% over the three days of this week, according to data from the WindEurope association. The weather forecast for the next few days should be calm.