Ukraine will resume gas imports via Transbalkan route in November
Ukraine will resume importing gas from Greece via the Transbalkan pipeline in November following a sharp increase in Russian attacks on the country's gas and energy infrastructure, ExPro consultancy said on Thursday.
Russia stepped up strikes on Ukraine's gas sector in October, depriving Kyiv of 55% of its own gas production and forcing it to look at importing an additional 4 Bm3 of gas to prevent cities from freezing this winter (learn more).
ExPro said Greek DEPA Commercial, D.Trading - a subsidiary of Ukraine's largest private energy firm DTEK - and Swiss Axpo Trading had booked capacities to import gas from Greece to Ukraine with a daily amount of 600,000 m3.
The Transbalkan route, which links Greece's LNG terminals to Ukraine, was not used in September and October, and prior to that it only operated in July and August.
Ukraine imports about 24 MMm3d of gas, including more than 10 MMm3d from Poland, about 10 MMm3d from Hungary and more than 4 MMm3d from Slovakia.
The Transbalkan pipeline was not in demand due to the high cost of gas transit across the four countries and via Ukraine. However, tariff reductions by Moldovan and Romanian operators had helped booking capacities in November, ExPro said.
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