Share

EU gas flows lower on Gazprom opposition

Kiev - Ukrainian Energy Minister Yuri Prodan said on Wednesday reverse gas flows from the European Union to Ukraine had fallen because of opposition from Russian gas producer Gazprom.

Ukraine - which consumes around 50 billion cubic metres of gas annually - has increased its efforts to secure more gas from the European Union after Gazprom raised prices for its supplies in a dispute.

"Reverse gas supplies are reduced at present. This is linked to certain actions by Gazprom," Prodan told reporters, adding Ukraine first saw a decrease two weeks ago.

Gazprom declined to comment on Wednesday. The company said on April 5 the possibility of importing gas from the West to substitute for Russian supplies raised questions about the legality of such a move.

Gazprom head Alexei Miller has also called the reverse of gas flows from Slovakia to Ukraine "semi-fraudulent".

"You heard the threats Gazprom made to European energy companies that this reverse is illegal."

He said reverse supplies stood at 7 million cubic metres daily on Wednesday versus a possible 18 million. He did not say by how many supplies had fallen in the past two weeks.

On April 28 Bratislava and Ukraine signed a deal allowing the EU to send a limited amount of gas to Ukraine. Slovak Prime Minister Robert Fico said combined reverse flows from Slovakia, Hungary and Poland could reach up to around 16 to 17 bcm annually.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.89
+0.2%
Rand - Pound
23.87
+0.1%
Rand - Euro
20.39
+0.2%
Rand - Aus dollar
12.33
+0.1%
Rand - Yen
0.12
+0.1%
Platinum
908.05
0.0%
Palladium
1,014.94
0.0%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders