Russia’s Gazprom transports between 35.4 and 35.5 million cubic meters of gas through Ukraine in the last 10 days and exports more than 40 million cubic meters per day at the end of last year and in the first three days of 2023.
The volume of natural gas pumped by the Russian “Gazprom” from the territory of Ukraine to Europe has fallen sharply recently. According to Reuters, if the volume is 35 million cubic meters in the first weeks of 2023, then on January 17 the Russian side will supply only 32.6 million cubic meters.
It is noted that gas exports through Ukraine have been declining since 2022, but sometimes Gazprom increases the supply. For example, at the end of last year and in the first three days of 2023, the Russian company supplied more than 40 million cubic meters of gas per day. However, in the second half of January, the delivery volume fell sharply.
The publication believes that the Kremlin plans to continue to blackmail Europe with a cold winter and a lack of gas to heat homes, so the Russian Federation may further reduce its exports of “blue fuel” through Ukraine. A very warm winter in the EU has helped countries reduce their import needs, while demand for heating gas has also decreased. Moreover, during the mild winter, the EU again increased stocks in its underground storage facilities.
Thus, according to European Gas Infrastructure data, Europe currently has 85% of the gas volume required for 8 January. It turned out that Russia blackmailing the EU with a cold winter and gas shortages after giving up Russian resources was not successful for the Kremlin leadership.
What about petrol prices in Europe?
The cost of gas in Europe has fallen below $600 per 1,000 cubic meters, as data from the London Stock Exchange ICE on Tuesday (January 17th) showed. According to m.Reuters, this is the first time since August 30, 2021.
Thus, the cost of February futures at the TTF headquarters in the Netherlands is $599 per 1,000 cubic meters. 53.5 euros per m or MWh. To sum up, “blue fuel” prices fell 3% per day.
Previously Focus He said that from January 1, 2023, the Italian firm Edison ceased cooperation with Gazprom. Reason: Russian full-scale invasion of Ukraine. Prior to that, Italy bought 40% of all gas consumed (29 billion cubic meters of 76 billion cubic meters) from Russian Gazprom, according to Bloomberg.
We also recall that in September 2022, the Ukrainian NJSC Naftogaz initiated a new arbitration with the Russian gas monopoly Gazprom. Therefore, Naftogaz demanded money from Gazprom for the service provided for the organization of natural gas transportation throughout Ukraine, since the Russian company did not pay the money on time and in full.
Source: Focus
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