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News // Transportation and storage

Decreased transit of Russian gas through Bulgaria to Turkey

05 March 2019 , 16:09Neftegaz.RU497

Sofia, March 5 - Neftegaz.RU. According to Bulgarian Novinite, Gazprom's exports to the so-called Trans-Balkan gas pipeline (through Ukraine, Romania and Bulgaria to Turkey) declined in the 1st 3 weeks of February compared with January's average daily indicator.

 

According to Bulgartransgaz data, the daily load of the Malkochlar border gas station for the 2nd half of the month was about 3.3 million m3, which is 6 times less. This is part of the trend in February that exports of the Russian giant abroad (excluding neighboring former Soviet republics) drop to 13% compared to the record 2018.

 

This is the reason why Gazprom's hopes of Europe and Turkey are not justified by Vedomosti, but only between 1 and 23 February saw the drop in daily deliveries of 8% on the Nord Stream gas pipeline, Yamal Europe and transit through Ukraine, say the Moscow School of Management Skolkovo, monitoring the global gas markets.

 

The company's explanation is the warm weather in Europe and the economic crisis in Turkey. Skolkovo also points out that twice as little fuel was withdrawn from European gas storage sites compared to 2018.

 

By the end of February, they had reached an average of 43% of their volume. Sergey Kapitinov, a gas market analyst, added that, apart from the warm winter and the problems of the Turkish economy, the increasing competition from LNG is also under pressure.

 

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