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The preliminary request for the transit of Russian gas via Ukraine for Sunday was again 42 million cubic metres

The preliminary request for the transit of Russian gas via Ukraine for Sunday was again 42 million cubic metres

19.11.2024 13:42

The preliminary nomination for the transit of Russian natural gas through Ukraine for November 17 was 42 million cubic metres, compared to 42.4 million cubic metres on Saturday, according to the data of the Ukrainian GTS Operator.

The bid is adjusted later in the day, but usually, these changes are minor.

Thus, despite Gazprom's announcement that it will stop supplying the Austrian company OMV, which accounted for about 40% of this flow (up to 17 million cubic metres per day), from November 16, the Ukrainian route is still being used.

On his Facebook page, the former Head of the GTSOU, Serhiy Makohon, suggested that Gazprom Export sells OMV volumes on the spot market in Slovakia or Austria.

He also did not rule out that "other companies that won arbitrations against Gazprom may start arresting this free gas".

The former Head of Naftogaz of Ukraine, Andriy Kobolev, also believes that continuing to transit the same volumes through Ukraine means "a banal scheme to replace the counterparty, i.e., gas will be resold to Austria through some intermediary (for example, from Slovakia)."

As reported, the Austrian company OMV Gas Marketing & Trading GmbH received a decision in the Stockholm arbitration awarding it EUR 230 million for the shortage of gas supplies by Gazprom Export. OMV decided to offset this amount against its obligations to pay for Gazprom's supplies to Austria. As a result, OMV said, Gazprom Export notified it of the termination of supplies from 7:00 a.m. Kyiv time on Saturday.