Russia's Gazprom Declines To Book Extra Capacity On Ukraine, Poland Pipelines

Russia's Gazprom Declines To Book Extra Capacity On Ukraine, Poland Pipelines

Andrew H. Sweet

Russia's state-controlled Gazprom declined to book more pipeline capacity via Ukraine and Poland to ship gas to Europe in the first three quarters of next year. It is a sign it may be waiting for approval of the Russian-led Nord Stream 2 pipeline to Germany.

President Vladimir Putin said last week that Gazprom would start pumping extra natural gas into European gas storage facilities once Russia finishes filling its stocks, which could happen by November 8.

However, Gazprom did not book additional gas transit capacity via Ukraine and the Yamal-Europe pipeline to Germany for January-September 2022, according to several capacity auctions on November 2.

German regulators have until January to decide whether Nord Stream 2 is an independent transport network in line with E.U. directives. The European Commission has another two months to respond.

Read the original story here.

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