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Gas transit through Ukraine's GTS down by 15.2% in Jan-Aug
KYIV. Sept 10 (Interfax-Ukraine) – Transit of natural gas through the gas transmission system (GTS) of Ukraine in January-August 2021 amounted to 29.5 billion cubic meters, which is 15.2% less than in the same period in 2020 (34.8 billion cubic meters), according to Gas Transmission System Operator of Ukraine LLC (GTSOU).
In particular, 26.9 billion cubic meters of gas were supplied in the western direction as transit (to Slovakia – 18.3 billion cubic meters, to Hungary – 6.1 billion cubic meters, and to Poland – 2.5 billion cubic meters), in the south direction – 2.5 billion cubic meters were supplied (to Moldova – 2.1 billion cubic meters, and to Romania – 0.4 billion cubic meters).
In January, transit amounted to 3.863 billion cubic meters (124.6 million cubic meters per day), in February – 2.907 billion cubic meters (103.8 million cubic meters per day), in March – 3.694 billion cubic meters (119.2 million cubic meters per day), in April – 3.718 billion cubic meters (123.9 million cubic meters per day), in May – 3.86 billion cubic meters (124.5 million cubic meters per day), in June – 3.723 billion cubic meters (124.1 million cubic meters per day), in July – 3.851 billion cubic meters (124.2 million cubic meters per day), and in August – 3.838 billion cubic meters (123.8 million cubic meters per day).
GTSOU draws attention to the fact that at the auction on August 16, Gazprom booked for September only 4% (0.65 million cubic meters per day) of the offered 15 million cubic meters per day of additional guaranteed transit capacities through Ukraine’s GTS, i.e. this month, transit will decrease to the minimum contractual amount of 109 million cubic meters per day.
According to head of GTSOU Serhiy Makogon, the result of such a transit policy of the Russian monopoly was a record rise in gas prices at European hubs. In particular, at the beginning of September, the price of gas for the October futures on the European exchange reached $650 per thousand cubic meters.
"Ukraine constantly offers additional transit capacities to supply additional volumes of gas to the EU. However, Gazprom, unfortunately, constantly refuses them. It seems that this behavior of Gazprom not only stimulates further growth in gas prices in the EU, but also sends extremely transparent signals to Europe that additional gas volumes are possible only through Nord Stream 2," he said.