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Europe set record for extracting gas from storage

Source : 112 Ukraine

In general, the storage capacity has decreased since the beginning of the season to 62.9 billion cubic meters, which is 58.3% of the volume and 22 billion cubic meters less than last year
20:45, 24 December 2021

Open source

Europe has set a record for extracting gas from storage facilities, it is 762 million cubic metres (mcm) per day. This was announced by the head of the Operator of GTS of Ukraine Serhiy Makohon on Facebook page.

“The reduction in gas supplies to the European Union at a time when prices reached $2,000 suggests that these are not economic decisions but purely political ones, aimed at increasing pressure on the EU to launch Nord Stream 2 on terms of the Russian Federation,” Serhiy Makohon wrote on Facebook.

Related: Russia to begin negotiations on gas transit through Ukraine, when there is understanding of who buys it, what volumes

He also noted that in general, the storage capacity has decreased since the beginning of the season to 62.9 billion cubic meters, which is 58.3% of the volume and 22 billion cubic meters less than last year.

In Ukraine, another transit route for Russian gas to Europe, the head of state gas transmission operator said Russia’s Gazprom had reduced daily gas transit across Ukrainian territory to 87.7 million cubic metres (mcm) from 109 mcm.

The benchmark European gas price soared above 2,200 euros ($2,495) per 1,000 cubic metres on Tuesday.

Related: Production at Ukraine's confectioneries partially suspended due to exorbitant gas prices

 

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