Russian natural gas flows to Europe remain weak 🇷🇺
There were no Gazprom shipments toward Mallnow, a key point on the Yamal-Europe transit route to Germany, for a fifth consecutive day
(Putin says this reflects a lack of requests from European clients)
bloomberg.com/news/articles/…
There were no Gazprom shipments toward Mallnow, a key point on the Yamal-Europe transit route to Germany, for a fifth consecutive day
(Putin says this reflects a lack of requests from European clients)
bloomberg.com/news/articles/…
Russian natural gas flows via Mallnow connection on Poland-German border are zero for sixth straight day
Gazprom gas supplies from Belarus (Yamal pipeline) to the EU are down by rough 50% in the last week
Meanwhile, the Mallnow point has been flowing in reverse from Germany to Poland. It usually flows the other way
Meanwhile, the Mallnow point has been flowing in reverse from Germany to Poland. It usually flows the other way
Gazprom and its customers typically arrange a minimal volume that must be supplied and paid for under a pre-set formula that, this year, allowed much lower prices than spot rates
If a buyer wants more gas, they have to pay the prevailing market rate, which is at a record high
If a buyer wants more gas, they have to pay the prevailing market rate, which is at a record high
Response from Russia’s Gazprom 👇
https://twitter.com/afp/status/1475086995772690441
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