Russian gas flows resume in Germany via Yamal-Europe pipeline, preliminary data shows

0

A worker turns a valve while another worker talks on the phone at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk, Belarus, on 29 December 2006. REUTERS / Vasily Fedosenko

MOSCOW, Nov. 9 (Reuters) – Gas flows on the Yamal-Europe pipeline between Russia and Germany resumed in their usual westerly direction from Monday evening, according to preliminary data published on the website of the German transport company Gascade.

Flows to Germany at the Mallnow metering point, located on the Polish border, resumed at the end of the day at an hourly volume of more than 3,000,000 kilowatt-hours (kWh), after remaining at zero net flows during the most of the day. Read more

Outlet flows at Mallnow – or demands to transport gas to Poland from Germany – were at zero on Tuesday morning, according to preliminary data.

The levels of flows and their direction on the Yamal-Europe gas pipeline, one of the routes for exporting Russian gas to Europe, are managed respectively by Gascade in Germany and by the network operator Gaz-System in Poland, in according to customers’ requests.

Russian state-owned gas company Gazprom (GAZP.MM) has everything it needs to ship beyond contract volumes at capacity auctions.

Flows from the Yamal-Europe pipeline reversed eastward to deliver gas from Germany to Poland last week, which some analysts attributed to better pricing terms. The reverse flows have increased pressure on gas spot prices in Europe.

Flows briefly shifted westward again last week before returning to ship gas from Germany to Poland. They were at zero net flows most of Monday. Read more

Russian President Vladimir Putin has ordered Gazprom to start restocking its European storage once its domestic stocks are full. Gazprom said the domestic replenishment would be completed by November 8.

Gazprom’s additional gas has not yet arrived in Europe. Read more

Reporting by Katya Golubkova; Editing by Kim Coghill

Our standards: Thomson Reuters Trust Principles.


Source link

Share.

About Author

Comments are closed.