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Russian gas flows via Ukraine to EU, Austria edge up

Wednesday, 04 December 2024 | 01:00

Russian gas exports to Europe via Ukraine were up by around 1.2% on Tuesday from Monday and nominations for gas to Austria from Slovakia also edged up, data from Gazprom GAZP.MM and pipeline operator Eustream showed.

Russian gas producer Gazprom GAZP.MM said it would send 41.3 million cubic metres (mcm) of gas to Europe via Ukraine on Tuesday, up from 40.8 mcm on Monday.

That’s still slightly below levels of more than around 42 mcm seen in previous few months.

Gazprom halted supply to Austria’s OMV OMVV.VI in mid-November due a contractual dispute over interrupted supply to Germany in 2022.

Other companies stepped in to buy the freed-up volumes.

Gazprom’s average daily supply to Europe in November was up by 8.7% from a year earlier and up by 1.5% versus October, Reuters calculations showed.

Nominations for flows to Austria from Slovakia were also slightly higher on Tuesday after dipping over the weekend. Nominations to the Czech Republic from Slovakia were in line with levels seen over the past month, data from Eustream showed.

Nominations for natural gas flows into Slovakia from Ukraine were also a tad higher on Tuesday at 38.7 mcm after a drop over the weekend, but remained around 7% below November averages.
Source: Reuters (Reporting by Vladimir Soldatkin in Moscow and Jason Hovet in Prague; editing by Jason Neely)

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