Update: Russian gas flows via Ukraine to Europe, Austria steady

  • Gazprom halted gas exports to OMV in mid-November
  • S. has imposed sanctions on Gazprombank

Russian gas exports to Europe through Ukraine were stable on Friday, as were nominations for supply to Austria from Slovakia, according to supplier Gazprom and system operator Eustream.

Russia halted supply to Vienna-based energy company OMV over a contractual dispute in mid-November, but overall gas exports to Austria have remained stable as other companies have stepped up their purchases.

Supply to Europe has been also complicated by U.S. sanctions against Gazprombank, which processes payments for European clients. According to the sanctions, all such transactions must be completed by Dec. 20.

Gazprom said it would send 42.4 MMm3 of gas to Europe via Ukraine on Friday, the same volume as on Thursday.

According to Eustream, nominations for flows to Austria from Slovakia were level with volumes seen over the past three days. Nominations to the Czech Republic from Slovakia were up but in line with levels seen this month.

Nominations for flows into Slovakia from Ukraine rose were up slightly but in line with levels seen this month while nominations for flows leaving Slovakia were mostly stable, data from Eustream showed.

 

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