EGF Gazprom Monitor, Issue 109, June 2020

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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

Key points:

  • Europe: Gazprom pays Polish PGNiG arbitration award; Gazprom signs 10-year gas supply contract with Greek Mytilineos
  • Nord Stream 2: US Senators introduce new proposals for further sanctions against NS2; Gazprom changes ownership of Akademik Cherskiy pipelaying vessel
  • Ukraine: Ukraine and Poland establish "virtual interconnection point" on their shared border; Potential suspension of Ukrainian physical imports from Slovakia in August-September averted despite repair works; Does the temporary offer of backhaul capacity at Velké Kapušany set a precedent for the future? "Balkan Stream" update — Bulgaria and Serbia propose completion of their sections by end of 2020; Hungarian TSO takes final investment decision on new connection with Serbia
  • Asia: Gazprom in talks with CNPC over additional export volumes via Power of Siberia
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