Live information updates: Germany and Greece poised to ship extra fuel to Poland and Bulgaria

Germany and Greece are poised to ship extra fuel to Poland and Bulgaria after Russia reduce their provides, in response to market and port information.

Orders for fuel to stream by the pipeline at Sidirokastro, a border-crossing level between Greece and Bulgaria, flipped on Thursday, with greater volumes to exit in the direction of Bulgaria than for these heading south to Greece, in response to information posted by the Hellenic Gas Transmission System Operator.

No fuel is presently flowing in both course between the 2 nations, information exhibits, however such exercise — referred to as nominations — signifies that Greek fuel firm DEPA is partaking in swaps to promote its fuel to Bulgaria, in response to Tom Marzec-Manser, head of fuel analytics at ICIS, a commodity evaluation group.

Likewise, flows of fuel at Mallnow, the important thing border crossing level between Germany and Poland for the Yamal-Europe pipeline, elevated to 12.7mn kilowatt hours per hour on Thursday, in response to information from Gascade, Germany’s fuel transmission operator.

Before Wednesday, the best degree this month was just under 9mn kWh/h.

On Wednesday, Russia’s state-backed fuel producer Gazprom reduce off provides of fuel to Poland and Bulgaria after the 2 EU nations rejected Moscow’s demand to make use of a brand new cost mechanism.

Gazprom warned that if both nation diverted provides transiting to different European nations, it could scale back volumes commensurately.

Sofia is working to speed up the completion of a separate important cross-border interconnector with Greece, which might allow the nation to usher in Azerbaijani fuel.

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