PRESS: Gazprom needs gas transit via Ukraine at least until 2020 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

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.

End %%md/jst%%

20.03.2018 09:52
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.7941 +0.1873 20 jul
USD 62.8666 +0.0380 20 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1350.69 +0.07 18:50 19 jul
micex 2700.57 -0.07 18:50 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 216.00 -1.05 18:49 19 jul
lkoh 5200.50 +0.67 18:49 19 jul
rosn 420.45 +0.83 18:47 19 jul
sber 232.85 -0.82 18:48 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul