PRESS: Gazprom needs gas transit via Ukraine at least until 2020
MOSCOW, Mar 20 (PRIME) -- Russian gas giant Gazprom will be unable to do without transit of natural gas through Ukraine in 2020 as it will only be able to pump 34 billion cubic meters through the Nord Stream-2 pipeline instead of the planned 55 bcm, Kommersant business daily reported on Tuesday.
Gazprom declined to comment.
A representative of German company Gascade told Kommersant that the Eugal pipeline, which should become an extension of the Nord Stream-2 in Germany, will have been finished only by the end of 2020.
The Nord Stream-2 will be finished before the end of 2019, but only one thread of the Eugal will be ready then, which will transport 9.9 bcm of gas from Lubmin to eastern Germany and 21 bcm to the border with the Czech Republic, the business daily said.
Gazprom will also be able to transport about 2.7 bcm of gas to the Netherlands via the Nel pipe, making the total amount of pipeline gas at 33 bcm. This translates into the need of a new transit contract with Ukraine for at least 2020, Kommersant reported.
Even if Gazprom fully loads both threads of the Nord Stream-2 and constructs both 15.75-bcm threads of the TurkStream pipeline on time, the company will still have to pump at least 30 bcm of gas through Ukraine given current demand for Russian gas in the E.U., the business daily reported.