Platts: Ukraine July Transit Of Russian Natural Gas To Europe Rises 26.2% On Year

August 19, 2013

Platt's reports that Ukraine's transit of natural gas from Russia to Europe rose 1.6 billion cubic meters in July to 7.7 Bcm, up 26.2% from 6.1 Bcm shipped in July 2012, state-owned gas shipping monopoly UkrTransGaz said Friday.

Compared with June, the volume was up 8.5% from 7.1 Bcm.

In the first seven months of the year, Ukraine's transit of gas from Russia to Europe fell by 3.4 Bcm to 45.6 Bcm, down 7% from 49 Bcm shipped in the same period last year.

Ukraine, the main transit country for Russian gas supplies to Europe, is capable of shipping up to 120 Bcm/year of gas to Europe through its pipelines. Russia supplies a quarter of Europe's gas needs.

n January-July Ukraine also supplied about 1.4 Bcm of Russian gas to Moldova, down from 1.8 Bcm in the same period last year, the company said.

In 2012, Ukraine transported 81.18 Bcm of Russian gas to Europe, down 19.7% from 101.1 Bcm shipped in 2011.

Source: Platts, 2013.