As Russia stopped supplying gas to the European spot market for the sixth day today (26th local time), gas prices in Europe skyrocketed. Russia asserts that it is not responsible.
Sergei Kupriyanov, spokesman for Gazprom, a Russian state-owned gas company that monopolizes Russian gas exports to Europe, said this in an interview with a local TV broadcaster yesterday, refuting the theory that Russia is responsible for the recent gas crisis in Europe.
“The accusations against Russia and Gazprom that we supply small quantities to the European market are completely unfounded and untrue,” Kupriyanov said.
He also pointed out that “all problems in Western Europe (related to gas supply) are made by Europeans themselves, and you shouldn’t blame Gazprom,” he said. “Look in the mirror for yourself.”
The cause of European gas market turmoil and price surge is that many of the European countries, the major consumers of Russian gas, have recently abandoned their long-term contracts with Russia and changed their energy policies to purchase gas through the spot market. Iran’s claim.
A spokesperson for Kupriyanov explained that Russia is faithfully fulfilling its long-term gas supply contracts with some European countries, such as Germany and France, and that the gas supply price under the long-term contracts is much lower than the spot market price.
He introduced that this year, Gazprom supplied 50.2 billion cubic meters of gas to Germany under a long-term contract, which is 5.3 billion cubic meters more than last year.
It also said that it has supplied more volumes than last year to Italy, Turkey, Bulgaria, Serbia, Denmark, Finland and Poland.
According to TAS, the gas price in the European spot market is currently fluctuating at $2,000 per 1,000m3, but the average gas supply price of Gazprom this year under long-term contracts is around US$280 per 1,000m3.
A spokesperson for Kupriyanov explained that the reason Gazprom recently stopped gas transportation through the ‘Yamal-Europe’ gas pipeline connecting Germany via Poland is because most of its customers have already secured the necessary quantities and are not placing additional orders. I did.
“The majority of buyers in France and Germany have secured sufficient annual contract volumes and are no longer placing orders,” he said. .
Rather, he pointed out that Germany is re-exporting the gas it has stored in its domestic storages to Poland and Ukraine using the Yamal-Europe gas pipeline.
“There is a backflow of 3 to 5 million cubic meters of gas per day from Germany to Poland and perhaps Ukraine,” he said. “This gas is being pumped from storage in Germany.”
“About 47% of this storage capacity has already been consumed, but winter is just beginning,” he said, noting that the reverse export to Ukraine is not a rational decision for European energy security.
At the same time, he criticized Germany’s speculative trade for profit, saying that the price of gas that Germany exports back to Ukraine is much higher than the price of gas that Russia supplies to Germany.
It is known that the current level of gas stockpiles in European depots has fallen below 59%.
Spokesperson Kupriyanov also explained the use of the Ukraine gas pipeline, which is another transport route for gas supply to Europe. However, he said that he continued to transport gas even after that.
“The bottom line is that all the problems in Western Europe are made by Europeans themselves, and you shouldn’t blame Gazprom,” he ordered, “look in the mirror for yourself.”
“Gazprom is prepared to supply additional volumes under a long-term contract, and the price of such supply will be much lower than the spot market price,” he said.
Gazprom has stopped supplying gas to Germany through the Yamal-Europe gas pipeline for six days until today without participating in the auction for gas transport through the Yamal-Europe gas pipeline since the 21st.
Russia supplies about 40% of the EU gas demand, and the Yamal-Europe pipeline is a major transport route for Russian gas exports to Europe, along with the Ukraine gas pipeline and the Russia-Germany Nordstream gas pipeline that runs through the Baltic seabed.
Gazprom’s explanation is also a rebuttal to criticism that Russia is intentionally cutting gas supplies to Europe to pressure the West.
(Photo=Rianovosti, Yonhap News)