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Russian natural gas exports to Germany, Slovakia hit record

Staff Writer |
The amount of natural gas exported from Russia via the Nord Steam, Yamal, and Brotherhood pipelines combined rose to a record high.

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Gas transit via Ukraine increased, data from Platts Analytics' Eclipse Energy showed.

Total Russian pipeline gas exports via Nord Stream, Yamal, and Brotherhood hit 360 million cu m, above the previous record high of 357 million cu m from early September and over 15% higher than the 313 million cu m from October 10, 2015.

The record daily high has been achieved by an increase in Russian gas transit via the Brotherhood pipeline, taking Russian gas to the Slovakian border via Ukraine, which increased to 153 million cu m on.

Russian gas transit via Ukraine neared a three-year high in early September of 195 million cu m/d on Nord Stream maintenance, but averaged 136 million cu m/d in August and 102 million cu m/d in July, with Russia attempting to reduce gas transit flows via Ukraine.

Indeed, Russian state-owned Gazprom is pressing ahead with plans for both the Nord Stream 2 and TurkStream pipelines, which if realized, would see Russian gas able to bypass Ukraine into Europe.

But with these pipelines still several years away from being put into operation and oil-indexed prices competitive with hub pricing this winter, Russia has had to increase reliance on Ukrainian transit to boost flow rates.

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