Russian energy giant Gazprom may use fighting near Sudzha in Kursk Oblast as pretext to stop gas transit – Reuters
Hostilities near the Sudzha gas station in Russia’s Kursk Oblast, a transit point for Russian gas flowing through Ukraine to the EU, have sparked concerns about a potential sudden stop in supplies before the end of the deal with Russian energy giant Gazprom.
Source: Reuters
Details: There is a risk that Gazprom may use the fighting as a pretext to cut off gas supplies, said James Waddell, head of European gas and LNG at consultancy Energy Aspects.
Meanwhile, Gazprom announced it would continue transporting gas through Ukraine, and the Ukrainian gas transmission system operator confirmed that operations were proceeding as usual, Reuters noted.
Russia could also lose about US$4.5 billion in annual revenue if exports stop.
Background:
- Russia's Gazprom announced that it continues to supply gas to Europe through the Sudzha station, while the transit flow of Russian gas through Ukraine has dropped by 12%.
- On 8 August, the transit of Russian gas through the Ukrainian gas transmission system dropped to 37.25 million cubic metres.
- In comparison with 7 August, the amount of transited gas fell by 6%. This is the lowest transit index since 1 May 2023.
- Earlier, the Ukrainian Gas Transmission System Operator reported that the transit of Russian gas was running as usual.
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