Russia’s Yamal-Europe pipeline flows east as Ukraine crisis escalates

A worker lifts a bottle at a Yamal-Europe pipeline gas compressor station near Nesvizh, about 130 km (81 miles) southwest of Minsk December 29, 2006. REUTERS/Vasily Fedosenko/File Photo

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MOSCOW, Feb 22 (Reuters) – Natural gas flowed east in reverse via the Yamal-Europe pipeline on Tuesday as President Vladimir Putin promised Russia would continue to provide uninterrupted supplies to world markets in a context of the escalating crisis in Ukraine.

The pipeline between Poland and Germany typically accounts for around 15% of Russia’s gas supply to Europe and Turkey, but since December it has been running in reverse, driving up gas prices in Europe. Read more

Putin said Russia would continue to supply gas to world markets as the United States and its European allies were set to announce new sanctions against Moscow after it recognized two breakaway regions in eastern Ukraine. .

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Flows through the Yamal-Europe pipeline were flat on Tuesday while continuing to move in reverse mode for a tenth week, data from German grid operator Gascade showed.

Flows from Germany to Poland via the Mallnow metering point were around 1.5 million kilowatt hours per hour (kWh) on Tuesday, virtually unchanged from Monday and the weekend.

Renominations, or bids, to bring gas from Germany to Poland are also expected at around 1.5 million kWh through Wednesday.

Russian gas export monopoly Gazprom, which can reserve pipeline capacity at daily auctions, had not ordered any transit capacity for February and March via road.

It has not reserved capacity for the second and third quarters of the year and does not intend to maintain spot gas sales on its electronic platform this week.

On another major route for Russian deliveries to Europe, supplying Slovakia from Ukraine via the Velke Kapusany border point, capacity nominations for Tuesday amounted to 258,832 MWh.

While that was around the levels seen last week, it was less than half of the flows recorded earlier in February.

Nominations via this route peaked in 2022 at 850,143 MWh in early February.

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Reporting by Katya Golubkova; Additional reporting by Robert Muller; Editing by Alexander Smith

Our standards: The Thomson Reuters Trust Principles.

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