Poland and Slovakia see reduction in Russian gas flows

Gas pipelines, Russia, Ukraine
Source: DollarPhotoClub

Poland and Slovakia have informed the European Commission that they have seen a reduction in daily gas flows from Russia.

PGNiG, Poland’s largest, state-owned gas producer and distributor, has noticed that Russian gas flows to Poland via Ukraine and Belarus fell by 45% on Wednesday. PNGiG is currently trying to establish whether the cause was technical or commercial.

Slovakia’s dominant gas purchaser and retailer, SPP, also said Thursday that deliveries from Russia’s Gazprom were 10% below the contracted amount for the second day running.

If the cause of the reduction turns out to be commercial, the issue will be added to the agenda of the three-way talks between the EU, Russia and Ukraine that are to be held on 20th September in Berlin.

The talks will concentrate on resolving the current crisis caused by Ukraine’s refusal to pay an estimated $5 billion Russian gas bill until Gazprom changes its decision to raise Ukraine’s gas price to $485.50/1,000 cubic meters in the second quarter, up from $268.5/1,000 cu m in Q1.

The three parties have already met five times since May and the last meeting in early June failed to resolve matters and in mid-June Russia stopped gas deliveries to Ukraine over the dispute.

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