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Russian gas supplies through Ukraine continue at regular volumes

Gas deliveries via Nord Stream were fully suspended in early September until oil leakages at compressors of the Portovaya station were fixed

MOSCOW, October 17. /TASS/. Deliveries of Russian gas to Europe in transit through Ukraine on Monday remained the same at 42.4 mln cubic meters through the Sudzha gas distribution station, follows from the data on the website of the GTS (Gas Transmission System) Operator of Ukraine. This transit line through Ukraine remains the only route for Russian gas supplies to the countries of Western and Central Europe after the destruction at the Nord Stream.

At the same time, despite the decline in gas supplies from Russia, European countries continue to fill their storage facilities - the level of reserves in underground gas storage facilities (UGS) has already approached around 92%, according to data from Gas Infrastructure Europe. Previously, the EU countries pledged to fill UGS facilities by at least 80% by the winter of 2022-2023 and by 90% by all subsequent winter periods.

The filling of storage facilities is largely due to the purchase of liquefied natural gas (LNG) and supply through alternative pipelines at current high prices. Since the beginning of October, the average gas price has been about $1,625 per 1,000 cubic meters. It decreased compared to September due to gas reserves appriaching maximum, relatively warm weather in the EU, and a significantly increased average share of wind generation in electricity generation.

Gas deliveries via Nord Stream were fully suspended in early September until oil leakages at compressors of the Portovaya station were fixed. However, on September 26, unprecedented damage was registered at three threads of the Nord Stream 1 and 2 pipelines. Swedish seismologists reported two explosions recorded along the Nord Stream pipelines. The timeframe for the recovery of the gas transport infrastructure is impossible to estimate so far.

Meanwhile, Naftogaz of Ukraine has filed a petition for arbitration with the International Arbitration Court against Gazprom for allegedly late payment for gas transportation services through Ukraine. Gazprom strongly rejected all the demands of Naftogaz of Ukraine, saying it would not pay for transit services that were not provided by the Ukrainian company, and warned it about possible sanctions of the Russian Federation if the trial continued. With Russia’s sanctions imposed against Naftogaz, Gazprom will not be able to fulfill its obligations on concluded deals, including transacting.

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