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Ukraine says Russia’s gas border to Europe is ‘bad’

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The head of a state-owned pipeline company in Ukraine has said Russia’s refusal to export more oil to Europe is “disruptive”, and oil prices have risen sharply for 13 years.

Sergiy Makogon, Ukraine’s chief of Gas Transmission System Operator in Ukraine, said he believed Russia’s Gazprom was a target. self-control gas from Europe by refusing to export other volumes through Ukraine, in a bid to force the approval of the Nord Stream 2 competition pipeline from the Baltic to Germany.

“[Europe] he should not follow Gazprom’s fraudulent prices, “Makogon told the Financial Times, noting that Russia would reduce oil prices this year if it pumped more. until about a fifth on previous epidemics to date in 2021.

“[The supply tightness in Europe] it’s a problem that was started. ”

Gazprom, which controls Russian cargo exports, on Tuesday refused to reserve additional volumes through Ukraine in a carefully monitored market set up to sell their goods to Europe, exacerbating inflation.

Gazprom, which has fulfilled its long-standing agreement with Europe, declined to comment on the case, but last week said it had “improved” its air traffic and complied with customer requests. Company managers are involved it has already been said There will be plenty of gas when Nord Stream 2 launches.

While Russia’s low tariffs are not the only result of an electricity tariff, with long-term cold storage requirements and global demand, regulators and traders have asked Gazprom’s request to increase exports.

James Huckstepp, of S&P Global Platts, says Gazprom is in danger of hurting the company’s desire to be seen as a trusted partner, especially since some Russian pipelines are due to shut down next month.

“Gazprom is neglecting to stockpile moving weapons through Ukraine during the development of northern shipping routes. . . could put their claims as a reliable supplier in Europe at risk, “Huckstepp said.

The EU chief said the committee “has no indication of the values ​​that each of its providers promotes.”

“What is happening here is a reflection of the transformation of global markets. All EU regions now have more than one air supply, so they are at risk of getting squeezes from their suppliers, “he said.

Nord Stream 2 crosses the Baltic Sea to Germany and is due to be approved by the end of this year, although German elections in September could jeopardize signing.

Pipes, which are nearing completion, are controlled by the US. He is also accused by countries such as Poland, which believe it will give Russia more energy to Europe, while destroying Ukraine by allowing Moscow to cross the country.

Polish Foreign Minister Zbigniew Rau on Wednesday complained that Germany was supporting the pipeline, writing in the Frankfurter Allgemeine Zeitung that “the completion of the Nord Steam 2 will create greater security on the eastern side of Nato and Ukraine on security”.

Russia has been searching for alternatives to Ukraine. In 2014, Moscow annexed Crimea, a Black Sea island, and continued to support the war in eastern Ukraine.

Some researchers have suggested that bartering to so-called breach agreements may have a trade-offs. This is in line with the fact that it could allow Ukraine to push Gazprom to get off the line in favor of other customers.

“[That] it means that Gazprom cannot be sure that it can supply the oil it wants to sell to Europe, ”said Laurent Ruseckas, an expert at IHS Markit.

But Makogon said the broken agreements were agreed with Gazprom, and that Ukraine TSO was happy to negotiate strong agreements as to what Russia wants. “If Gazprom had officially told us and asked: ‘let’s be strong’, we would have thought of this and explained how we can solve this problem,” Makogon said.

Makogon said Russia is ultimately threatening to wreak havoc on Europe in the winter, as it is often summer and storage time.

“Europe could go into winter with very serious problems,” Makogon said. “If Gazprom asked for more pumps in August? We would be happy to do so.”

Extras quoted by Mehreen Khan in Brussels

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