• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 1 min Is Europe heading for winter of discontent with extensive gas shortages?
  • 9 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Hopes Are Dashed For International Oil Companies In North Iraq
  • 1 day 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 1 day The United Nations' AGENDA 2030 - The vision for One World Governance ...an article by the famous Dr Robert Malone
  • 15 hours "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)
  • 5 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 22 hours "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 2 days The Federal Reserve and Money...Aspects which are not widely known
UN Warns Of Disaster As Russia, Ukraine Face Off In Zaporizhia

UN Warns Of Disaster As Russia, Ukraine Face Off In Zaporizhia

UN Secretary-General Antonio Guterres is…

Despite Threats, Russian Gas Flows To Germany Increase Through Belarus

Despite threats by Belarusian President Alexander Lukashenko last week that he could turn off the taps on the Yamal gas pipeline, German authorities report that flows have actually increased over the weekend, according to Reuters.

Lukashenko last week threatened to cut off the flow of gas along the Yamal pipeline in response to the EU threatening new sanctions against Belarus amid a migrant crisis on the Belarusian-Polish border. Russia's President Vladimir Putin, however, was quick to respond to the threat.

Putin said Lukashenko had not consulted Moscow on the issue, and if he did, he risked a response from the Russian side.

"I've recently spoken to (Lukashenko) twice, and he didn't mention this to me once. He didn't even hint," the Russian president said in a TV interview this weekend. "Of course, in theory, Lukashenko, as president of a transit country, could order our (gas) supplies to be cut to Europe. But this would mean a breach of our gas transit contract, and I hope this will not happen," Putin also said.

"We provide heat to Europe, and they are threatening us with the border closure. What if we block natural gas transit?" Lukashenko said on Thursday, as quoted by Belarusian state news agency Belta.

The Belarusian statement has not been coordinated with Moscow in any way, Kremlin spokesman Dmitry Peskov told reporters on Friday. Belarus is an ally of Russia, but it is also a sovereign state, Peskov also said.

"Russia remains a reliable energy supplier to Europe, regardless of the actions of Belarus," Peskov said, adding that "Russia's reliability as a supplier and partner in the current and future contracts cannot be called into question."

The threat briefly lifted gas prices on the spot market in Europe, but these fell back after the official information about flows along the Yamal pipeline was released.

The 2,000-km from Western Siberia to Germany has a capacity to transport close to 33 billion cu m of natural gas annually. It is one of the key gas arteries from Russia to Europe.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News