XM tillhandahåller inte tjänster till personer bosatta i USA.

Russian gas flows to Europe despite fighting



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 3-Russian gas flows to Europe despite fighting</title></head><body>

Regulators, companies, operators say no disruptions so far

Austrian regulator says gas can be replaced but at higher cost

Ministry says dependence on Russian gas carries high risk

Adds new statement from E-Control in paragraph 6, energy ministry source in paras 8-9, bullet points

By Alexandra Schwarz-Goerlich, Jan Lopatka and Nina Chestney

VIENNA/PRAGUE, Aug 13 (Reuters) -Intense fighting between Ukrainian and Russian forces near a pipeline Russia uses to supply European countries with gas has not disrupted supplies, network operators and gas companies said on Tuesday.

The European Union drastically reduced its reliance on Russian gas after the Ukraine war began in 2022, leaving Austriathe EU country most reliant on Russian supplies.

"We are not aware of any pressure fluctuations, all nominations are going according to plan and there are no indications of any irregularities," Gas Connect Austria spokesperson Armin Teichert said.

Russia's Gazprom also said on Tuesday it was still pumping gas to Ukraine through Sudzha, just over the border from Ukraine.

It was unclear which side was in control of the Russian town of Sudzha, through which Russia pumps gas from Western Siberia through Ukraine and on to Slovakia and other European Union countries.

"From today's perspective, no supply problems are expected in Austria, as storage levels are high and Russian gas could be substituted via Germany or Italy. However, if supply were to be interrupted immediately, Austria would be burdened economically, in particular by the German gas storage levy," a statement from Austrian energy regulator E-Control said.

A levy on German gas storage has been increasing since 2022 which makes Austrian gas imports via Germany around three times more expensive than those via Slovakia, analysts at Kpler Insight said.

An Austrian energy ministry source told Reuters that it has been taking action to reduce dependency on Russian gas in the long run over the past two years.

"As long as there is a dependency on Russian gas supplies, there is a massive risk of a corresponding supply failure with far-reaching consequences," the source added.

Most recipients of gas via Ukraine have said they have been preparing for the stoppage of flows at the end of this year anyway when a transit deal between Ukraine and Russia expires as Ukraine has said it does not want to renew it.

Eight entry points connect Ukraine with Slovakia, Poland, Romania and Hungary, through which Russian flows can reach the EU. Currently, two are used - at Polish and Slovakian interconnection points - and then the volumes can be transmitted to other countries in central and eastern Europe, according to Kpler Insight analysts.

They estimate that Slovakia's implied use of Ukrainian flows were nearly 80% in 2023.

"This dependency could increase if inflows from Hungary decrease and a cold winter occurs as no Russian gas would be available for refilling storage levels," they said.

Slovak gas company SPP said it has been preparing for the risk of a halt in Russian gas supply for several years and has commercial contracts in place with non-Russian suppliers.

Hungary gets around 1 billion cubic metres of Russian gas a year via a pipeline from Austria and a spokesperson at the Hungarian pipeline operator said gas was still flowing.




EXPLAINER-What happens if Russian gas transit via Ukraine stops? nL8N3JV0SH

FACTBOX-How Russia exports gas to Europe via Ukraine? nL8N3JV0UK


Reporting by Alexandra Schwarz-Goerlich, Jan Lopatka and Anita Komuves; writing by Nina Chestney, Editing by Barbara Lewis and David Evans, Kirsten Donovan

</body></html>

Ansvarsfriskrivning: XM Group-enheter tillhandahåller sin tjänst enbart för exekvering och tillgången till vår onlinehandelsplattform, som innebär att en person kan se och/eller använda tillgängligt innehåll på eller via webbplatsen, påverkar eller utökar inte detta, vilket inte heller varit avsikten. Denna tillgång och användning omfattas alltid av i) villkor, ii) riskvarningar och iii) fullständig ansvarsfriskrivning. Detta innehåll tillhandahålls därför uteslutande som allmän information. Var framför allt medveten om att innehållet på vår onlinehandelsplattform varken utgör en uppmaning eller ett erbjudande om att ingå några transaktioner på de finansiella marknaderna. Handel på alla finansiella marknader involverar en betydande risk för ditt kapital.

Allt material som publiceras på denna sida är enbart avsett för utbildnings- eller informationssyften och innehåller inte – och ska inte heller anses innehålla – rådgivning och rekommendationer om finansiella frågor, investeringsskatt eller handel, dokumentation av våra handelskurser eller ett erbjudande om, eller en uppmaning till, en transaktion i finansiella instrument eller oönskade finansiella erbjudanden som är riktade till dig.

Tredjepartsinnehåll, liksom innehåll framtaget av XM såsom synpunkter, nyheter, forskningsrön, analyser, kurser, andra uppgifter eller länkar till tredjepartssajter som återfinns på denna webbplats, tillhandahålls i befintligt skick, som allmän marknadskommentar, och utgör ingen investeringsrådgivning. I den mån som något innehåll tolkas som investeringsforskning måste det noteras och accepteras att innehållet varken har varit avsett som oberoende investeringsforskning eller har utarbetats i enlighet med de rättsliga kraven för att främja ett sådant syfte, och därför är att betrakta som marknadskommunikation enligt tillämpliga lagar och föreskrifter. Se till så att du har läst och förstått vårt meddelande om icke-oberoende investeringsforskning och riskvarning om ovannämnda information, som finns här.

Riskvarning: Ditt kapital riskeras. Hävstångsprodukter passar kanske inte alla. Se vår riskinformation.