Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

In this list
Natural Gas

Ukraine 'unable' to meet demand for gas exports to Poland: GTSOU

LNG | Natural Gas | Natural Gas (European) | Natural Gas (North American)

Natural gas bulls rush into 2021, pushing Asian LNG to record highs

LNG | Natural Gas | NGL

Platts LNG Alert

Electric Power | Renewables | LNG | Infrastructure Utilities

Caribbean Energy Conference, 21st

Natural Gas | Natural Gas (European) | Oil | Crude Oil

ExxonMobil in talks to sell UK North Sea assets to Norway investor HitecVision

Emissions | LNG | Natural Gas | Oil | Steel | Raw Materials | Containers

Commodity Tracker: 7 charts to watch this week

Ukraine 'unable' to meet demand for gas exports to Poland: GTSOU


Demand exceeds technical capacity, grid operator says

Ukraine-Poland technical capacity is 12.9 million cu m/d

Kyiv — Ukraine has been unable to meet robust demand for gas exports to Poland over the past several days due to existing capacity limitations, Serhiy Makohon, head of gas grid operator GTSOU, said Jan. 12.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The current export capacity from Ukraine to Poland is some 12.9 million cu m/d, but traders' orders have exceeded capacity in recent days.

"There has been great demand for capacity to enter Poland, which has exceeded the technical capabilities," Makohon said in a statement. "This situation periodically arises due to the pricing environment in the gas markets."

He said similar problems had recently been observed for imports into Ukraine from Hungary, and then for imports into Ukraine from Poland.

Ukraine exported about 120 million cu m of gas to Poland over Jan. 1-10, according to GTSOU. At least 110 million cu m were supplied by Gazprom, according to an industry source.

Gazprom traditionally supplies the Polish market through the Yamal-Europe system via Belarus, but has also booked capacity to enter via Ukraine in 2021, the source said.

Gazprom Export declined to comment Jan. 12.

Short-haul offer

The limitations were also causing GTSOU to cut back on its offer for short-haul gas capacity, a model that allows for reduced transportation tariffs when transferring gas between markets or sending it for storage injection.

GTSOU said that orders for short-haul services had reached 3 million cu m due to increased demand for gas in Europe, but the company had been forced to proportionally limit short-haul volumes for customers to about 1.7 million cu m.

Makohon dismissed concerns that GTSOU may have been artificially restricting exports to Poland.

"All capacity is offered to market participants on competitive and transparent terms," Makohon said. "Annual, quarterly, monthly and daily capacities are sold on the auction platform and anyone interested can participate."

"The standard recommendation for traders looking for guaranteed capacity is to buy longer duration products," Makohon said. "Next week there will be auctions for monthly capacities for February. We invite everyone."