Russia maintains gas deliveries as Europe considers fresh sanctions

OSLO/LONDON, April 4 (Reuters) – Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders called for more sanctions against Moscow after war crimes allegations in Ukraine.

Physical gas flows through the Yamal-Europe pipeline, at Germany’s Mallnow border point see-sawed over the weekend and last stood at zero, data from operator Gascade showed.

Nominations, or requests, for Russian gas deliveries via Slovakia’s Velke Kapusany entry point from Ukraine were steady on Monday at 967,841 MWh, as were flows through the Nord Stream 1 pipeline to Germany at 73,400,298 kWh/h.

Russian state-owned energy giant Gazprom (GAZP.MM) said it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers.

However, questions remain over future deliveries in light of the Kremlin’s demand that buyers start paying Gazprom in roubles.

Slovakia’s Prime Minister Eduard Heger confirmed over the weekend that his country will act in unison with the European Union against such payment demands. read more

Calls for a new round of sanctions to hit Russia’s economy also emerged over the weekend after reports of possible war crimes following the discovery of hundreds of bodies, some bound and shot at close range, around towns near Kyiv after Kremlin forces withdrew. read more

Germany and its international partners will agree further sanctions on Russia in the coming days, a government spokesperson said on Monday, adding that he was confident the European Union would remain united on fresh measures. read more

Russia has previously denied targeting civilians and has rejected allegations of war crimes. Moscow said the killings near Kyiv were “staged” to sully Russia’s name.

A German economy ministry spokesperson said a gas embargo would have economic consequences for Germany, and so it should act prudently. Germany gets around 40% of its gas from Russia and has already activated an emergency plan that could lead to gas rationing if supplies drop too low.

Italy, which is also heavily reliant on Russian gas, said it has sufficient reserves to forego Russian gas supply over the next few months.

Lithuania has already announced it will no longer import Russian gas to meet its domestic needs, becoming the first country in Europe to secure its independence from Russian supplies. read more

Reporting by Nora Buli and Nina Chestney; editing by and Kirsten Donovan and David Evans

Source: https://www.reuters.com/business/energy/russia-maintains-gas-deliveries-europe-moots-fresh-sanctions-2022-04-04/

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