Thursday, May 12, 2022

Ukraine Will Not Re-Open Closed Russian Natural Gas Pipeline To Europe Until Their Demands Are Met

OilPrice.com: Ukraine Won't Restart Gas Flows To Europe Until It Has Control Of Pipelines 

Ukraine will only restart gas flows from Russia to Europe via the Sokhranivka point—which were stopped earlier this week—only when Kyiv regains full control over its gas pipelines, the head of the Ukrainian gas system operator told Reuters on Thursday. 

"We won't open. Until full control over the asset," Sergiy Makogon, head of the Ukrainian Gas Transmission System Operator (GTSOU), wrote to Reuters. 

On Tuesday, GTSOU said it would no longer be able to accept gas transit from Russia via the Sokhranivka entry point, through which nearly one-third of the Russian gas headed through Ukraine goes. 

The GTSOU said in a statement that it could not operate at its Novopskov gas compressor station in the Russia-controlled Luhansk region in eastern Ukraine due to "the interference of the occupying forces in the technical processes."  

Read more ....  

Update: EXCLUSIVE Ukraine will not reopen gas route until it controls pipeline system (Reuters)  

WNU Editor: I do not understand why Ukraine wants to punish its allies. The impact of this Ukrainian closure was immediate .... Natural gas prices in Europe jump after Ukraine blocks Russian flows (CNBC).

No comments: