Russia’s Gazprom rediscovers it needs Ukraine

With Russia’s existing Nord Stream pipeline currently down for maintenance and the second line under construction, Gazprom is resorting to transporting more gas through Ukraine, according to a Forbes article. Gazprom submitted an increased order of 315 million cubic meters (mcm) of gas to be shipped through Ukrainian pipelines into Europe over the weekend, and the Russian gas giant’s daily order for transmissions through Ukraine has increased by 47 mcm over the past week alone. As a result, Ukraine is getting some much needed cash. However, Russia still plans to bypass Ukraine in its gas deliveries to Europe via Nord Stream II and Turkish Stream, which are under construction.

 

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