The Kremlin explained the stop of transit through the Yamal-Europe gas pipeline

by time news

Natural gas supplies via the Yamal – Europe gas pipeline have been suspended for commercial reasons, said Dmitry Peskov, press secretary of the Russian President.

“This is an absolutely commercial situation, you need to ask a question about specific reasons in Gazprom, there is no connection here, this is an absolutely commercial situation,” he told reporters, answering the question of whether the decline in supplies is related to the situation with Nord Stream – 2 “.

The physical flow of gas through the Yamal-Europe pipeline to Germany was interrupted due to Gazprom’s refusal to book additional pumping capacities at daily auctions for December 21. After that, the gas pipeline switched to reverse pumping mode (from Germany to Poland). Against this background, the price of gas in Europe rose on Tuesday to $ 1850 per thousand cubic meters for the first time since October 6.

In December, the Russian holding buys up pumping capacities at daily auctions. The volume of reservations for transit on Yamal – Europe began to decline from 17 December. At that time, Gazprom also did not order the capacity at a day-ahead auction, but bought back 26.8 million cubic meters at intraday trading. m against 31.4 million cubic meters. m in the previous days. This volume gradually decreased to 5.2 million cubic meters. m on Saturday, 4.2 million cubic meters. m on Sunday and 3.8 million cubic meters. m on Monday. At the same time, Gazprom continues to comply with its obligations under the long-term contract.

In addition, the company booked for January only 21.6% of the proposed capacity for pumping gas through Poland (19.28 million cubic meters per day out of 89.1 million cubic meters per day offered at the auction).

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