Wednesday, May 11, 2022

Ukraine Shuts Off Key Natural Gas Pipeline From Russia To Europe

 

CNBC: Natural gas prices in Europe jump after Ukraine blocks Russian flows 

* Gas TSO of Ukraine (GTSOU) on Tuesday announced force majeure – unforeseeable circumstances that prevent the fulfilment of a contract – the first declaration of its kind since the Russian invasion. 

* It will not accept through its Sokhranivka entry point, which delivers Russian gas to Europe, from Wednesday. 

* TTF European natural gas prices were up more than 6.4% by around 9:15 a.m. London time on Wednesday, according to Refinitiv data. 

European natural gas prices jumped after Ukraine’s state-owned grid operator suspended Russian flows through a key entry point. 

Gas TSO of Ukraine on Tuesday announced force majeure – unforeseeable circumstances that prevent the fulfilment of a contract – the first declaration of its kind since Russia invaded Ukraine on Feb. 24. 

It said it would not accept flows through its Sokhranivka entry point, which delivers Russian gas to Europe, from Wednesday.  

Read more ....  

WNU Editor: Russian news media has more details on the impact of this shut-down .... Ukraine blocks Russian gas flow to Europe (RT). 

 Ukraine Shuts Off Key Natural Gas Pipeline From Russia To Europe  

Ukraine cuts Russian gas hub, risks supply to Europe while war in east continues -- PBS/AP  

Ukraine cuts Russian gas flowing to Europe via key pipeline sections -- Politico  

Ukraine, Russia Gas Clash Raises Threat to Europe's Supply -- Bloomberg 

Ukraine halts some Russian gas flows to Europe -- CNN  

Ukraine Reduced Russian Gas Flowing to Europe Through Key Pipeline -- WSJ  

What Ukraine’s block on Russian gas means for Europe -- RT

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