The first interruption of the arrivals of Russian gas to Europe because of the war in Ukraine. Le sanctions they have nothing to do with it: the stop was decided by the Ukrainian gas transmission system operator Gtsouwho made it known that he had to suspend the flows inbound from the entry point of Sokhranivka as a result of the “actions of the Russian occupation forces”. In fact, the route passes through the compression station of Novopskov crossing the Donbass and the Russians, society accuses, are subtracting part of the gas in transit (it is supposed to be destined precisely to the separatist regions). This endangers “the stability and the safety of the entire gas transportation system, ”says Kiev. Hence the decision to invoke the force majeure clause and stop the transport, after having “repeatedly informed Gazprom” of the problems connected with the presence of the troops from Moscow. The effects are being felt: supplies to the Italian hub of Tarvisio decreased by 30%, even if the decline is for the time being offset by the increase in imports through other entry points. The same goes for the Germania.
Almost a third of the flows to Europe via Ukraine pass through the Novopskov border station: up to 32 million cubic meters per day. Accordingly second Yuriy Vitrenko, number one of the Ukrainian state hydrocarbon company Oil and gassupplies will drop by as much unless Russia redirects the gas at the compressor station Sudzhafurther north and in correspondence with the territories controlled by Kiev (see map), which has double the capacity. “The flow transfer does not require no additional cost from the Russian side and there are no technical obstacles to such an operation ”, underlines the Gtsou statement. “In this way Russia would be able to maintain transit through Ukraine and fulfill its obligations towards its European partners.”
The Russian group Gazprom – according to which the transit has always gone on “undisturbed”And the share of compromised supplies amounts to only a quarter of the total and not a third – in words it has rejected to the sender this option, although preliminary data on the flow show higher quantities through a second station in the territory controlled by Ukraine.
For now, the Italian system does not record slowdowns in arrivals “thanks to the interconnection of networks and the diversification of import sources”, he said Snam. From the data published in real time on its site it appears that the flows in Tarvisio they are decreasing compared to Tuesday: in the afternoon 1.5 million standard cubic meters per hour against i 2,2 yesterday morning. But they are partly compensated by a greater influx a Passo Gries (from Norway and the Netherlands), where 2.1 million cubic meters per hour are arriving compared to 1.5 on Tuesday morning, and Mazara del Vallo (from Algeria, 2.8 MSm3 against 2.6). So the demand is satisfied at the moment and the gas injections continue storage. I prices in the first exchanges in Amsterdam, the reference square for Europe, they exceeded i 100 euro al megawattora hitting 103, up 4% compared to the close on Tuesday. Then they folded back towards 93 euros.
Mario Draghi during the bilateral meeting at the White House with the US president Joe Biden he reiterated that “there is a need for a price cap of gas at European level “. The proposal, put forward by Italy, Spain e Portugal already during the European Council at the end of March, it failed to overcome the vetoes of the Northern European countrieswho feared reprisals from Moscow despite the EU’s strong negotiating power, by far the largest importer of its gas. Madrid and Lisbon are gone ahead alone, strong of the so-called Iberian exception linked to the fact that the two countries produce a high percentage of electricity from sources renewablehave poor energy interconnections with the rest of the European network and thanks to sects regasifiers they do not depend on pipeline imports. Rome continues to stop the emergency for families and businesses with temporary aid.
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