EGF Gazprom Monitor, Issue 113, October 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 resumes day-ahead sales on its Electronic Sales Platform as European hub prices firm up
  • Nord Stream 2: Gazprom and European partners appeal Polish fine over NS2 financing agreement
  • Ukraine and the Southern Corridor: European gas traders begin withdrawing gas from Ukrainian storage for sale back into the European market; Gazprom books small amounts additional gas transit capacity via Ukraine; How will Gazprom meet its export commitments in Q1-2021 when its pre-booked transit capacity via Ukraine falls?
  • Asia: Gazprom provides updates on several aspects of the Power of Siberia project
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