Maximum export of GAS from Russia to the EU. Are deposits filled before the stop?
Requests for Russian natural gas supplies to the EU via Ukraine and Slovakia reached their highest level since November 2021 today, Monday May 2, causing European benchmark gas prices to drop at the start of trading, despite the blocking of exports to Bulgaria and Poland and despite the various rumors of energy sanctions from Russia.
Daily candidacies for Russian supply through Ukraine and Velke Kapusany's Slovak border have reached their highest level since November 30, according to data from Slovakian transportation system operator Eustream cited by Reuters .
Russian gas flows through the Nord Stream pipeline to Germany also increased Monday compared to Friday, according to Reuters estimates.
On the Yamal-Europe pipeline, gas flows continue in reverse from Germany eastward to Poland, according to data from the operator Gascade seen by Reuters on Monday, but we know that this is due to the blocking of exports to Poland. and, in any case, they can be compensated by the transits from the high two pipes.
Poland continues to receive Russian gas, but mediated by Germany, through reverse flows, after Gazprom cut off direct gas supplies to Poland in the middle of last week, the Russian gas giant said.
On Wednesday, when Russia cut off gas supplies to Poland and Bulgaria, flows on the Yamal-Europe pipeline from Germany to Poland increased, according to operator Gascade. So Poland went to the charge of
Gazprom cut off supplies to Poland and Bulgaria on Wednesday, saying deliveries were halted "due to the absence of payments in rubles".
Polish Prime Minister Mateusz Morawiecki described the interruption of Russian supplies as "a direct attack" on Poland and promised that the country would not succumb to "this blackmail".
Bulgarian Energy Minister Alexander Nikolov commented.
"It is clear that in the current war in Ukraine, Russia is using natural gas as a political and economic weapon."
The EU is working to ensure an alternative gas supply and has promised a coordinated response to what European Commission President Ursula von der Leyen also described as "yet another attempt by Russia to use gas as a tool of blackmail" . However, the research is not proving particularly fruitful: Von Der Leyen, after having addressed practically only to the USA, played the "Si salvi chi chi can",
Despite the EU-Russia gas stalemate and the clear and current threat that Russia may stop deliveries to other EU member states, benchmark gas prices for Europe at the Dutch TTF hub were traded on Monday on Monday. drop for these news on deliveries from Ukraine. incredibly, two warring states let gas from third states pass through and Russia pays the transit fees as well!
Why buy so much gas? to fill the warehouses before the final cut in supplies from Russia? This could be a pretty good reason.
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The article Maximum export of GAS from Russia to the EU. Are deposits filled before the stop? comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/massimo-export-di-gas-dalla-russia-alla-ue-si-riempiono-i-depositi-prima-dello-stop/ on Mon, 02 May 2022 17:19:24 +0000.