Russian gas export flows to Germany, Slovakia down in January

Energy Trade

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Over half of Russian natural gas supply to Europe's major markets via Germany and Slovakia has gone missing this calendar year compared with 2019 levels, an analysis of S&P Global Platts Analytics data showed.

With Yamal exports through Poland non-existent, and capacity through Ukraine being under-utilized, now even the Nord Stream pipeline system has eased back from its usual maximum-baseload delivery of Russian volumes to Europe.

The data showed that exports landing into Griefswald and Mallnow in Germany, and Velke Kapusany, Slovakia, averaged 174.689 million cubic metres/day in the January 3-7 period, down 55.13% on average compared with the same window in 2019.

This includes zero deliveries into the Yamal terminus at Mallow, and a 147.768 mcm/d average for Nord Stream into Griefswald, down from its usual 158 mcm/d baseload.

The remainder constitutes exports via Ukraine, with Ukrainian exit capacity at Velke Kapusany held by Russia currently being utilized at around 38% of the long-term agreement between the two countries. 

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