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Live news updates: Germany and Greece poised to send more gas to Poland and Bulgaria

Germany and Greece are ready to send more gas to Poland and Bulgaria after Russia reduces their supplies, according to market and port data.

Orders for gas to flow through the pipeline at Sidirokastro, a border crossing point between Greece and Bulgaria, were overturned on Thursday, with higher volumes exiting towards Bulgaria than those heading south to Greece, according to data released by the Hellenic gas transmission system. sets off.

Gas is not currently flowing in both directions between the two countries, according to the data, but such activity – known as nominations – indicates that the Greek gas company DEPA is engaged in exchanges for the sale of its gas to Bulgaria, according to Tom Marzek-Manser, head of gas analysis at ICIS. Commodity analysis group.

Also, gas flow in Mallnow, the main transit point between Germany and Poland for the Left-Europe pipeline, rose on Thursday to 12.7 million kilowatt hours per hour, according to data from Gascade, Germany’s gas transmission operator.

Before Wednesday, the highest level this month was just under 9 million kWh per hour.

On Wednesday, Russia-backed gas producer Gazprom cut off gas supplies to Poland and Bulgaria after two EU countries rejected Moscow’s demand for a new payment mechanism.

Gazprom has warned that if one of the countries frees up supplies in transit to other European countries, it will reduce quantities.

Sofia is working to accelerate the completion of a vital cross-border connection with Greece that will allow the country to import Azerbaijani gas.

Live news updates: Germany and Greece poised to send more gas to Poland and Bulgaria Source link Live news updates: Germany and Greece poised to send more gas to Poland and Bulgaria

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