• 5 minutes Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 10 minutes Iranian Sanctions - What Are The Facts?
  • 15 minutes U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 8 hours Can the World Survive without Saudi Oil?
  • 10 hours Sears files Chapter 11
  • 8 hours U.S. - Saudi Arabia: President Trump Says Saudi Arabia's King Wouldn't Survive "Two Weeks" Without U.S. Backing
  • 11 hours Natural disasters and US deficit
  • 7 hours China Is the Climate-Change Battleground
  • 1 day How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 5 hours Porsche Says That it ‘Enters the Electric Era With The New Taycan’
  • 3 hours $70 More Likely Than $100 - YeeeeeeHaaaaa
  • 2 days COLORADO FOCUS: Stocks to Watch Prior to Midterms
  • 2 days How Long Until We Have Working Nuclear Fusion Reactor?
  • 1 day Saudi A Threatens to Block UN Climate Report
  • 1 day German Voters Set to Punish Merkel’s Conservative Bloc
  • 21 hours Threat: Iran warns U.S, Israel to expect a 'devastating' revenge
Alt Text

Trump Insiders Ramp Up Rhetoric Against Russian Energy

Trump insiders, including hawkish chief…

Alt Text

Gazprom's Bid To Maintain European Energy Dominance

Gazprom’s pivot to the east…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Getting European Gas to Ukraine

Bottom Line: The EU is hoping to get as many countries on board to transit natural gas to Ukraine, and while Hungary and Poland are already involved, the next in line is Slovakia as the pieces slowly fall into place to reduce Russia’s monopoly.

Analysis: Right now, German’s RWE Supply & Trading is the European leader in selling gas to Ukraine, but the European Union is hoping to get other European companies, and countries on board. The goal is to re-export natural gas and to employ reverse flow transit. What Brussels is eyeing is the Transgas pipeline that connects Germany to Slovakia, via the Czech Republic. This  pipeline could be adapted for reverse-flow use to get gas to Ukraine. It is already connected up with Slovakia’s transit system and could be adapted to flow west-east to Ukraine. It’s not a precedent. It was done (again by RWE) in 2009 when Russia cut off the gas flow to Europe. In March 2013, RWE sold its Czech pipeline to a German-Canadian consortium called Net4Gas, operated by Eustream.

Recommendation: The problem with the EU’s ambitions here is simply one of economics. This Slovakia tie in centers around an inter-connector at Lanzhot, but the tariffs here for shippers are prohibitively high, and Slovakian authorities and Eustream will have to adjust tariffs if this is to work. As it stands, European shippers are not attracted to selling gas to Ukraine. The reverse gas transit from Hungary and Poland,…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News