This week, the supply of Russian gas to Europe has declined sharply, the reason for the fact that European counterparties have already exhausted their limits. This is reported by Bloomberg with reference to informed sources.
RBC writes that Gazprom’s exports for the main transit route leading to Germany, on December 21, was practically stopped. The fall in the volume of supplies occurred due to a decrease in customer request, the interlocutors of the American agency were explained.
The fact is that Gazprom is usually “Gazprom” and its counterparties set the minimum gas volume in advance, which is purchased at a price determined by a predetermined formula. If the buyer intends to acquire more gas than it was agreed in advance, he must pay at the market price. And she, in turn, over the past year grew about nine times. Now the January gas futures are traded at about $ 2 thousand per thousand cubic meters.
A number of major buyers with whom Bloomberg contacted, confirmed that Gazprom fulfilled all his contracts. This was announced by Uniper SE and another German energy company RWE AG.
During a large press conference on December 23, Vladimir Putin also stated that the claims to Gazprom due to the decline in the volume of gas and failures to book additional power of transit gas pipelines were unreasonable.
On Tuesday, December 21, gas prices reached the next historical maximum, exceeding $ 2 thousand in 1 thousand cubic meters. m. Later on the same day, the cost of 1 thousand cubic meters. M passed the threshold of $ 2.2 thousand.