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Russia says ready to start gas flow via Yamal-Europe pipeline

by Reuters

Dec 26, 2022 - 2:45 pm GMT+3
The gas compressor station, a part of the Polish section of the Yamal pipeline that links Russia with Western Europe, is seen in Gabinek near Wloclawek, Poland, May 23, 2022. (Reuters Photo)
The gas compressor station, a part of the Polish section of the Yamal pipeline that links Russia with Western Europe, is seen in Gabinek near Wloclawek, Poland, May 23, 2022. (Reuters Photo)
by Reuters Dec 26, 2022 2:45 pm

Moscow is ready to resume gas supplies to Europe through the Yamal-Europe pipeline, Russian Deputy Prime Minister Alexander Novak told state Tass news agency.

"The European market remains relevant, as the gas shortage persists, and we have every opportunity to resume supplies," Tass cited Novak as saying in remarks published by the agency on Sunday.

"For example, the Yamal-Europe Pipeline, which was stopped for political reasons, remains unused."

The Yamal-Europe pipeline usually flows westward but has been mostly reversed since December of 2021 as Poland turned away from buying from Russia in favor of drawing on stored gas in Germany.

In May, Warsaw terminated its agreement with Russia, after earlier rejecting Moscow's demand that it pays in rubles.

Russian supplier Gazprom responded by cutting off supply and also said it could no longer export gas via Poland after Moscow imposed sanctions against the firm that owns the Polish section of the Yamal-Europe pipeline.

Novak also reiterated that Moscow is discussing additional gas supplies through Türkiye after the creation of a hub there.

He also said that Moscow expects it will have shipped 21 billion cubic meters (bcm) of liquefied natural gas (LNG) to Europe in 2022.

"This year we could significantly increase LNG supplies to Europe," Novak said. "In the 11 months of 2022, they increased to 19.4 bcm, by the end of the year 21 bcm are expected."

In a wide-ranging interview with Tass, parts of which have been published throughout the weekend, Novak also said that Russia has agreed with Azerbaijan to increase gas supplies for its domestic consumption.

"In the future, when they increase gas production, we will be able to discuss swaps," he said.

Moscow is also discussing higher supplies of its gas to Kazakhstan and Uzbekistan, he said.

Novak also said that in the long term, Russia can send its natural gas to the markets of Afghanistan and Pakistan, either using the infrastructure of Central Asia or in a swap from the territory of Iran.

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  • Last Update: Dec 26, 2022 6:49 pm
    KEYWORDS
    gas supplies russian gas yamal pipeline alexander novak gazprom lng export
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