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Transit of gas through Ukraine fell to a minimum over the past 30 years – GTS operator

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Transit of gas through Ukraine fell to a minimum over the past 30 years - GTS operator

According to the results of June, the volume of gas transit through the Ukrainian GTS reached a historic low since 1991 and amounted to only 1.25 billion cubic meters.

About it reported press service of the GTS Operator of Ukraine on Friday, July 1, Ukrinform reports.

“Compared to May 2022, transit volumes through Ukraine fell by 37%, and compared to June of the previous year, transit gas decreased by almost three times. Gazprom used only 38% of the booked capacity (3.29 billion cubic meters) under a long-term contract,” the report says.

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Gazprom does not continue to use the reserved and paid capacity at the Sudzha entry point, which is 77.2 million cubic meters per day.

“The Russian monopolist did not take advantage of the possibility of transferring the capacities of the GIS Sokhranovka and does not participate in auctions for booking capacities,” the press service added.

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It is indicated that, together with the restriction of transit through the Nord Stream gas pipeline, this leads to a “drainage” of the EU gas market and an increase in prices. In particular, since the beginning of June, gas prices in Europe have increased by almost 42%.

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Earlier, Minister of Economy, Vice-Chancellor of Germany Robert Gabeck called a significant reduction in Russian gas supplies to Europe an “economic attack” by Putin. Russia, according to Gabek, uses energy as a weapon, limiting supplies through the Nord Stream 1 gas pipeline, which is the main route for blue fuel. He stressed that “such a strategy should not succeed.”

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