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Ukraine operator to suspend Russian gas flow via Sokhranivka entry point

By Susanna Twidale LONDON (Reuters) -Ukraine’s gas system operator GTSOU said on Tuesday it would declare force majeure on the transportation of Russian gas through the...
Ukraine operator to suspend Russian gas flow via Sokhranivka entry point © Reuters. Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom's Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov.

By Susanna Twidale

LONDON (Reuters) -Ukraine’s gas system operator GTSOU said on Tuesday it would declare force majeure on the transportation of Russian gas through the Sokhranivka entry point, with flows stopping on May 11.

Ukraine has continued to be a major transit route for Russian gas to Europe even after Russia's invasion of the country on Feb. 24.

GTSOU said it could not carry out operations at the Novopskov gas compressor station at the site due to "the interference of the occupying forces in technical processes."

The Novopskov compressor station in the Luhansk region of eastern Ukraine has been occupied by Russian forces and separatist fighters since soon after the invasion began.

It is the first compressor in the Ukraine gas transit system in the Luhansk region, the transit route for around 32.6 million cubic metres of gas a day, or a third of the Russian gas going to Europe through Ukraine GTSOU said.

"To fulfill its transit obligations to European partners in full and following the terms of the agreement, it is possible to temporarily transfer unavailable capacity from the 'Sokhranivka' physical interconnection point to the 'Sudzha' physical interconnection point located in the territory controlled by Ukraine," GTSOU said in a statement.

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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