Gazprom warned the Germans about supply restrictions? Sensational news from a French magazine

Gazprom presses on Europe and uses a gas supply constraint strategy as leverage. It aims to destabilize the European gas market in order to force the European Commission to accelerate the certification procedure Nord Stream 2“- comments” Opinion Internationale “.

“The companies associated with Gazprom knew these plans in advance and managed to rebuild their gas reserves so that consumers in Germany would not be affected by the Kremlin’s gas policy,” the magazine emphasizes.

Opinion Internationale indicates the lack of expansion of additional capacity by the Yamal gas pipelines and the lack of filling gas storage facilities in Europe, which resulted in an increase in the prices of this raw material. “The Russian strategy is to limit transmission in gas pipelines, with the exception of Nord Stream 1,” explains the magazine.

See also: Energy prices are rising. Is winter getting ready under a blanket instead of heating?

Currently, Gazprom does not use all the available capacity of the existing transport infrastructure. The available data show that the volume of gas transmission decreased by 48%, respectively. in the Yamal gas pipeline and 45 percent. in the “Przyjaźń” gas pipeline, reports “Opinion Internationale”.

Despite Russian explanations that gas availability is currently limited due to increased domestic demand, gas supplies to Turkey have more than doubled during the year, the warehouse notes.

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Gazprom wants to deal cards

“All available production, which has not been delivered to customers, is directed to Gazprom’s underground natural gas storage facilities (UNGS) in Russia. Maintaining high levels in the Russian UNGS guarantees supplies mainly to domestic recipients, and allows Gazprom to maintain full control over winter supplies in Russia. European market – summarizes “Opinion Internationale”.

Russian actions led to a 7.5-fold increase in the prices of spot contracts on the European market. The scale of growth year on year is much greater than in the crises of 1973-1974 and 1978-1979. During these crises, increases were 3.7- and 2.8-fold, respectively.

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Pursuant to Community law (Article 102 of the Treaty on the Functioning of the European Union and the Directive on competition and consumer protection), this is an abuse of a dominant position by limiting the supply of natural gas, resulting in extremely high prices, argues the warehouse.

What is Russia at

“The current activities of Gazprom in the EU supply market are part of a much larger strategy. It consists in creating a bottleneck and then presenting a solution to the problem in the form of regulatory patronage, which will ultimately consolidate the dominant position of the gas giant. This strategy has been applied twice in the last decades to countries Central and Eastern Europe (2009-2014) and Naftogaz (2014-2019), the Ukrainian public gas distribution company “- summarizes the magazine.

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Source:

PAP

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