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Gazprom cuts gas supplies through Belarus by 40%

Russia / Ukraine / Europe

Gas supplies via the Yamal-Europe pipeline were reduced on Friday to 450 thousand cubic meters per hour.

Gazprom cuts gas supplies through Belarus by 40%

Gas supplies from Russia via the Yamal-Europe pipeline through Poland to Germany on Friday decreased by about 40%, it follows from the data of the German gas transmission operator Gascade. On the back of the news about the cut in pumping, the December gas futures in Europe are growing. Earlier, President of Belarus Alexander Lukashenko threatened the European Union to cut off gas transit in case of expansion of sanctions.

"Gas pumping through the Yamal-Europe pipeline to Germany on Friday morning will decrease by about 40% by Thursday, to almost 450 thousand cubic meters per hour," Gascade reports.

At the same time, deliveries through Ukraine, according to the Ukrainian GTS Operator, are kept at the level of the last days: the applications indicate the maximum volume of supplies for pumping through the Ukrainian GTS (109 million cubic meters per day) within the framework of the contract.

Gas futures prices in Europe at the opening of trading began to approach $ 1,000 per thousand cubic meters, while the price of December gas futures at the TTF hub in the Netherlands is approaching 80 euros per 1 MWh.

Earlier, President of Belarus Alexander Lukashenko threatened the European Union in the event of expansion of sanctions to cut off the transit of gas, which goes through the Yamal-Europe gas pipeline. “We are heating Europe, they are still threatening us that they will close the border,” he said.

Over the past few days, Gazprom has increased gas transit through Ukraine - from about 60 million to 88-90 million cubic meters per day.

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