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Gazprom Export sells highest natural gas daily volume to date in electronic auction

Highlights

Total 45.9 million cu m sold in Tuesday sale

Brings total volumes sold to 120 million cu m

London — Russia's Gazprom Export sold a further 45.9 million cu m of gas on Tuesday in its fourth daily auction using its new Electronic Sales Platform, the highest volume to date.

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A total of 120 million cu m of gas has now been sold for delivery in October and November to a variety of delivery points.

GAZPROM EXPORT AUCTION SALES

Date Delivery point Alternative Maximum available Total mcm/month Delivery period Sold so far
volume (MWh/h)
17 Sep-30 Oct Gaspool 450 30.7 Oct-18 14.2
NCG 500 34.1 16.2
17 Sep-29 Nov Baumgarten 1080 71.4 Nov-18 2.1
VTP Austria* 18.7
Arnoldstein* 20.8
Oberkappel 1080 71.4
Waidhaus 3680 243
VTP Slovakia 2160 142.8 48.5
17 Sep-28 Dec Baumgarten 1080 73.8 Dec-18
VTP Austria*
Arnoldstein*
Oberkappel 1080 73.8
Waidhaus 3680 251.1
VTP Slovakia 2160 147.6
Total 16950 1139.7 120.3**

* alternative delivery point to Baumgarten
** total may not add up due to rounding
Source: Gazprom Export

--Stuart Elliott, stuart.elliott@spglobal.com

--Edited by Jonathan Dart, jonathan.dart@spglobal.com