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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATGAS
Russian gas deliveries to Europe via Ukraine totalled 1.31 Bcm in May, up 5% on the year, but just 39% of contracted volumes, according to Ukrainian gas industry group AGPU, cited by Platts.
- Ukraine’s grid operator Naftogaz signed a 5-year deal with Gazprom in 2019 that will expire at the end of this year, with Ukrainian officials reiterating that Kyiv will not extend the deal.
- "The last remaining 14 Bcm that European companies are still receiving via the Ukrainian route do need replacement in such a way that it doesn't impact security of supply in some member states," EU energy commissioner Kadri Simson said.
- "There are existing alternative corridors that could provide gas to landlocked countries that are still buyers of Russian gas,” she added.
- EU countries still importing Russian gas are Italy, Austria, the Czech Republic and Slovakia.
Source: S&P Global Commodity Insights
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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