Gas transit amounted to 30 bln cubic meters for 7 months of 2020

6th of August, 2020, Kyiv – For 7 months of 2020, Gas TSO of Ukraine transported 29.8 bln cub m of natural gas under the new transit agreement*. This is 44% less than in the same period last year (53.2 bln cub m).

Starting from the beginning of the year, Gazprom has been paying full amount for the entire volume of booked capacities, out of which 79% are in use. From our side, GTSOU fulfills all daily requests and continues to ensure constant gas transmission to European countries.

About 27.7 bln cub m (-39%) of gas were transited in the western direction. In particular, to Poland – 2.2 bln cub m, to Slovakia – 20.4 bln cub m, to Hungary – 5.1 bln cub m.

It should be noted that in July 2020, during the annual two-week stop for scheduled repairs of the Nord Stream gas pipeline, which transports gas from Russia to the EU at the bottom of the Baltic Sea, Gazprom did not increase transit via the Ukrainian GTS, as it was in previous years at the same period.

In the Southern (Balkan) direction, transit amounted to 2.1 bln cub m (-73%). Of these, to Romania – 0.4 bln cub m and to Moldova – 1.7 bln cub m.

It should be noted that the transit reduction in southern route via the GTS of Ukraine is due to the launch of the Turk Stream in January 2020, which transports gas from Russia to Turkey and afterwards to the countries of the Balkan Peninsula.

“As figures prove, another bypass project, such as Nord Stream – 2, is currently completely irrelevant, taking into account the capabilities of the existing infrastructure. The Ukrainian GTS can transport larger volumes of natural gas to the EU, and considering general security of supply, all risks are eliminated. That is why we fully support activities of American politicians to eliminate other risks that may arise with the appearance of another gas pipeline bypassing Ukraine,” commented Olga Bielkova, Director on Government and International Affairs of the OGTSU.

*The transit agreement between NJSC Naftogaz of Ukraine and PJSC Gazprom, concluded at the end of 2019 for a period of five years, provides for the minimum firm transit volumes of 65 billion cubic meters (178 million cubic meters per day) in 2020 and 40 billion cubic meters (110 million cubic meters per day) in 2021-2024.