Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Russian gas exports via Ukraine to Europe stable despite Austria cuts By Reuters
    News

    Russian gas exports via Ukraine to Europe stable despite Austria cuts By Reuters

    userBy userNovember 16, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    MOSCOW (Reuters) – Russian gas producer Gazprom (MCX:) said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday, despite expectations of gas supplies cuts to Austria over a contractual dispute.

    Russian Interfax news agency cited data from European gas pipeline operators as saying that gas exports from Russia via Ukraine were stable, while Austrian company OMV was not among the gas recipients.

    It said OMV usually accounted for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day. It was not immediately clear if the flows have been redirected.

    Russia told Austria on Friday it would suspend gas deliveries via Ukraine starting from 0500 GMT on Saturday, in a development signalling an end to Moscow’s last gas flows to Europe.

    Russia’s current five-year agreement with Ukraine expires in the end of this year, and Kyiv has repeatedly said it is not willing to extend it amid the ongoing military conflict.

    Moscow’s suspension of gas for Austria, the main recipient of gas via Ukraine, means Russia will now only supply significant gas volumes to Hungary and Slovakia, in Hungary’s case via a pipeline running mostly through Turkey.

    In contrast, Russia met 40% of the European Union’s gas needs before Moscow sent thousands of its troops to Ukraine in 2022.

    Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.

    In 2023, the Ukraine transit route met 65% of gas demand in Austria and its eastern neighbours Hungary and Slovakia, according to the International Energy Agency.





    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleAll It Takes Is $6,000 Invested in ExxonMobil to Help Generate Over $200 in Passive Income Per Year
    Next Article What makes a great passive income idea?
    user
    • Website

    Related Posts

    GR Silver Mining Increases Private Placement Financing to up to $1.85 Million

    May 14, 2025

    “Pillaging the IP to Sell Mayonnaise”: Warner Bros Discovery Stock (NASDAQ:WBD) Slips as Old Names and Old Faces Come Back

    May 14, 2025

    Retail investors in private equity need to understand it’s long-term

    May 14, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d