Gazprom refuses to book extra transit capacity across Ukraine, Poland in Q1 2022

Source : 112 Ukraine

The Russian energy monopolist seems to prefer monthly contracts over long-term booking
22:46, 2 November 2021

Open source

Gazprom company has refused to book the extra transit capacoty across Ukraine and Poland in the first quarter of the next year. This is confirmed by the results of the auction of booking on GSA Platform and Regional Booking Platform, reports Interfax-Ukraine.

The Russian energy monopolist chooses monthly contracts over the long-term booking.

"Liberalization of the European gas market led to the refusal from long-term transit deals. It was replaced with transparent auction booking to make the extra revenues for booking the extra capacities for the gas price impossible", reads the message.

Russian Gazprom cut the volume of gas transit to the EU across Ukraine since November 1; now, the volume amounts to 57 million cubic meters.

Related: Gazprom reduces gas transit to Europe via Ukraine since November

As it was reported on October 18, Russian majority state-owned multinational energy corporation refused to reserve additional transit capacity through Ukraine for November.

On October 6, Russian President Vladimir Putin said that it is not profitable for Gazprom to increase gas transit via Ukraine, since transit through the Ukrainian GTS is more expensive by $3 billion.

Related: Just don't launch Nord Stream 2: What is behind Zelensky's 50% discount offer to Gazprom?

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