Gazprom reserved 10.3 mcm of additional capacity for gas transit through Ukraine in November

Gazprom reserved 10.3 mcm per day of additional capacity for gas transit through Ukraine in November. This became known from the results of of GTSOU auctions for Ukrainian interstate natural gas interconnection capacity booking for GTS Enter/Exit border points.

The auctions held on the Hungarian platform RBP. During the auctions, 10.3 mcm of capacity were purchased at the Sudzha entry point (Russia). The only company that supplies gas to Ukraine through Sudzha was the Gazprom.

As an intermediary capacity were purchased by the Naftogaz of Ukraine. One may recall that in October 2020 the Naftogaz already bought 4.52 mcm of additional capacity of Sudzha entry point (Russia) at an auction for Gazprom.

A similar natural gas interconnection capacity (10.3 mcm) was booked for leaving the Ukrainian GTS at the points of Grebenyky and of Oleksiyivka on the border with Moldova.

One may know that according to the contract signed between the Gazprom and the Naftogaz of Ukraine, the volume of Russian gas transit through Ukraine in 2020 is 65 bcm, or about 178 mcm per day. The contract also provides for the possibility of booking additional capacity for transit on the basis of auctions. With the approach of winter in Europe, there is an increase in natural gas prices, which makes the export of Russian gas economically viable. Given this, Gazprom is reserving additional gas transportation capacity for the second month in a row. Considering the additional booked capacity in November, Gazprom can supply to Europe more than 188 mcm per day through the Ukrainian GTS.

There were 5.77 mcm of capacity again booked for the entrance to the GTS of Ukraine from Moldova at the Kausany natural gas interconnection point. This is part of the booked 7.8 mcm for deliveries to Moldova via the Grebenyky natural gas interconnection point. The reserved 5.77 mcm are planned to be trasmitted in the southern direction of the Trans-Balkan gas pipeline - 5.6 mcm to Romania (via Isakca / Orlovka I) and 0.17 mcm for border consumers in Moldova.

GTSOU sold more than 36 mcm per day of guaranteed natural gas interconnection capacity for entry / exit the Ukrainian GTS in November 2020. Compared to the natural gas interconnection bookings purchased at auctions in October 2020, in November 2020 they increased by 38%.

10:42 / 22 October, 2020

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