Gazprom lowers gas exports to Slovakia despite roubles payment

Energy expert Karol Hirman points out that lower deliveries come after Slovakia and several other countries fulfilled the obligation of Russian President Vladimir Putin to pay for gas in roubles. [Shutterstock/A08]

Russian energy giant Gazprom cut gas exports to Slovakia by half over the weekend, with lower exports continuing on Monday, gas supplier SPP announced.

Gazprom announced lower deliveries via Nord Stream 1 last week after Gazprom’s CEO Alexey Miller named technical difficulties caused by economic sanctions as a reason. Reduced gas supplies have been reported in Germany, Czechia, Austria, Italy, and France. SPP points out that less gas is coming from Ukraine via the Brotherhood pipeline.  

Energy expert Karol Hirman points out that lower deliveries come after Slovakia and several other countries fulfilled the obligation of Russian President Vladimir Putin to pay for gas in roubles. 

“Putin’s goal is to completely stop gas supplies to the EU,” he said. “Putin is indicating to the entire EU that he is ready to carry out the threats he made when he issued the decree on paying in roubles about stopping gas. He is now testing the reaction of the market, and especially of the individual EU countries and the main customers,” Hirman explained.

According to General Director Richard Prokypčák, there is a real possibility that deliveries will stop completely. He added that SPP has been preparing for this situation for months and managed to secure alternative supplies from the North Sea and LNG supplies. These sources should be enough to cover 65% of domestic consumption. 

SPP spokesman Andrej Šebesta claims lower supplies will not affect deliveries to households or industries. A decrease in imports may, however, slow down the filling up of reserves for next winter. 

(Michal Hudec | EURACTIV.sk)

 

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