Not with standing the sanctions on Russia, its gas exports to Europe via Ukraine were stable, data from Russian-controlled producer Gazprom GAZP.MM showed, with nominations for flows to Austria from Slovakia also unchanged.
Gazprom halted supply to Austria’s OMV OMVV.VI on Saturday over a contractual dispute, the Vienna-based company said, while Gazprom has not commented.
It is not clear where the gas volumes intended for OMV have been redirected.
Slovak state-owned firm SPP has said it was still receiving gas from Russia and suggested others were buying more because there was still “great interest” in Russian gas in Europe.
Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Wednesday, the same volume as on Tuesday.
Nominations, or requests, for flows to Austria from Slovakia were stable versus Tuesday levels, at about 13% below levels seen before Russia halted gas supplies to OMV. Nominations to the Czech Republic from Slovakia were in line with levels seen this month.
Nominations for gas flows into Slovakia from Ukraine were steady versus previous days while nominations for flows leaving Slovakia were also little changed, data from transmission system operator Eustream showed.
In spite of all efforts by the US and the EU to squeeze the Russian economy, it appears that wherever their own interests are affected, a methodology to bypass the sanctions have been found.
Team bharatshakti
(With Inputs from Reuters)
