Despite disputes, Russian gas remains attractive to some European countries, Gazprom reveals huge volume

Since November 15, the flow of Russian gas to Austria has been suspended due to a price dispute. However, other European gas importers have been quick to buy up the unsold Russian gas.

Russia is still 'pumping' large amounts of gas to Slovakia, Hungary and the Czech Republic, even though it does not have direct contracts. (Source: Gazprom).

Before the conflict in Ukraine broke out, Russia was Europe's largest gas supplier. However, the European Union (EU) is trying to reduce its dependence on energy from Moscow, causing it to lose most of its customers in the region.

Currently, Russia still supplies large amounts of gas to Slovakia, Hungary and the Czech Republic, even though it does not have direct contracts.

A smaller amount of oil is still being shipped to Italy and Serbia.

On November 16, Gazprom - Russia's state-owned oil and gas corporation - stopped supplying gas to Austria's largest energy corporation - OMV.

This comes after OMV warned it would withhold Gazprom gas as part of compensation for an arbitration award on a contract dispute between the two parties.

Although Moscow's gas supplies to Vienna were still interrupted on November 17, according to Gazprom's confirmation, the total volume of Russian gas supplied via Ukraine - the main transit route to the EU - remained at 42.4 million m³ per day.

This is the same level as before the gas outage in Austria.

At that time, Austria received about 17 million m³ of gas per day from Russia, which was resold to other buyers in Europe.

Slovakia's state-owned energy company SPP also confirmed it is still importing gas from Russia and said demand for Russian gas in Europe remains high.

Gas from Russia is still cheaper than many other sources, a source said.

Vienna revealed it was preparing for the possibility of Moscow cutting off gas supplies.

Source: https://baoquocte.vn/mac-tranh-chap-khi-dot-nga-van-hap-dan-mot-so-nuoc-chau-au-gazprom-tiet-lo-khoi-luong-khung-294198.html