Ukraine’s gas transmission system (GTS) has ensured secure gas deliveries to Europe in recent days as Gazprom dramatically increased its transit nominations.
Last week, daily transit volumes through Ukraine’s GTS grew by 60 mcm to nearly 300 mcm, which represents about 110 bcm in annualized terms.
The increase in transit volumes via the Ukrainian route is due to maintenance work on the Yamal-Europe pipeline, which passes through Belarus.
“This is another proof that Ukraine's GTS is fully capable of delivering high volumes of gas to the EU. We can cope with surges such as this recent increase thanks to proper maintenance and operating practices. No other GTS can offer such flexibility and spare capacity. Gazprom’s efforts to abandon this route are unreasonable from the commercial standpoint,” commented Naftogaz CEO Andriy Kobolyev.
Ukraine’s GTS provides flexible and secure transmission of high volumes of gas to Europe at competitive tariffs.
Nord Stream 2 and other pipelines initiated by Gazprom to bypass Ukraine are therefore purely political projects with no technical or economic justification.
NJSC Naftogaz of Ukraine