Business news from Ukraine

RUSSIAN GAZPROM MAINTAINING STABLE APPROACH TO USE OF UKRAINE’S TRANSIT CAPACITIES

29 April , 2021  

Gazprom is thus far keeping to a stable approach to the use of Ukrainian transit capacities.
“You see our bookings. Our bookings are visible. Thus far, we remain at the same level,” Gazprom deputy head Elena Burmistrova said during Investor Day when asked about the prospects of increasing transit.
“We’ve had a very difficult winter in Europe, in Russia, in Asia. So we are now looking at our balances and resources – and looking at how we are going to move forward following the end of Q1,” she said.
In April, Gazprom pumps an average of 124 million cubic meters per day through Ukraine, fully using booked volume.
Europe is experiencing a notable shortage of gas for pumping into underground gas storage facilities.
Last Friday, the Ukrainian GTS Operator unexpectedly announced an auction for additional gas pumping to Europe in May in volume of half of current supplies: 64 million cubic meters per day above the current pumping capacity of 124 million cubic meters. However, capacity was left unused following the auction.

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