Author of the short article:


MOSCOW– The Yamal-Europe pipeline that generally sends out Russian gas to Western Europe was running in a reverse mode for a 5th day on Saturday, delivering fuel from Germany to Poland, information from German network operator Gascade revealed.

Russian gas exporter Gazprom did not book gas transit capability for exports by means of the Yamal-Europe pipeline for Sunday too, auction outcomes revealed.

European gas costs reached a record high today after Yamal changed instructions however alleviated on Friday.


Russia stated the circulation turnaround was not a political relocation, though it accompanies increasing stress in between Moscow and the West over Ukraine. Russian President Vladimir Putin on Thursday stated the turnaround was since of an absence of demands from purchasers.

Putin likewise stated on Friday that Russia was” sidelined” by Poland in handling the pipeline and Europe had just itself to blame for skyrocketing gas rates.

Flows at the Mallnow metering point on the German-Polish border were going east into Poland at a per hour volume of more than 1.1 million kilowatt hours (kWh/h) on Saturday and were anticipated to remain at these levels throughout the day, the information programs.

Putin has likewise stated that Germany was reselling Russian gas to Poland and Ukraine instead of alleviating an overheated market.


Gazprom spokesperson Sergey Kupriyanov informed the NTV channel that the business was all set to provide extra gas within its long-lasting agreements, which would be more affordable than short-term offers concluded on European area market.

Reverse circulations from Germany to Poland– and most likely to Ukraine too– stand at in between 3 million cubic meters (mcm) and 5 mcm each day, he stated, restating that allegations that Gazprom was undersupplying gas are “groundless.”

Kupriyanov included that the gas is being removed underground storage centers that are currently diminished.

Data from Slovak pipeline operator Eustream revealed capability elections for Saturday’s Russian gas streams from Ukraine to Slovakia through the Velke Kapusany border point were at 747,031 megawatt hours (MWh), somewhat up from Friday’s 739,843 MWh however listed below levels in current weeks.

That drop was being stabilized by greater elections for circulations from the Czech Republic to Slovakia, indicating that elections for circulations from Slovakia to Austrian center Baumgarten were approximately steady compared to levels in current days and weeks. (Reporting by Vladimir Soldatkin in Moscow and Jan Lopatka in Prague Editing by William Mallard and David Goodman)

Top Stories Newsletter logo

Financial Post Top Stories

Sign up to get the everyday top stories from the Financial Post, a department of Postmedia Network Inc.

By clicking the register button you grant get the above newsletter from Postmedia Network Inc. You might unsubscribe at any time by clicking the unsubscribe link at the bottom of our e-mails. Postmedia Network Inc. |365 Bloor Street East, Toronto, Ontario, M4W 3L4 |416-383-2300


Please enter your comment!
Please enter your name here