EGF Gazprom Monitor, Issue 105, February 2020

A Snapshot of Key Developments in the External Relations of the Russian Gas Sector

By Dr Jack Sharples, EGF Associate Researcher on the External Dimensions of Russian Gas and Research Fellow on the Natural Gas Research Programme, Oxford Institute for Energy Studies

Special Issue: Focus on Nord Stream 2, Turkish Stream, and Ukrainian Transit

Key points:

• Europe: Gazprom's ESP sales surge in January and February; Gazprom Lithuania arbitration concludes
• Nord Stream 2: Russian pipe-laying vessel continues journey to Europe
• Southern Corridor: First 1 bcm delivered via Turkish Stream as Turkey's gas imports continue to decline; Gazprom and Bulgargaz agree price reduction as Bulgaria seeks supply diversification; Serbian regulator approves Gastrans as TSO for Serbian Turkish Stream connection
• Ukraine: Naftogaz publishes results for 2019: Stable transit and still no direct purchases from Gazprom