Finance

Russian flows through Ukraine unchanged, Austria nominations up

Published by Global Banking & Finance Review

Posted on December 10, 2024

1 min read

· Last updated: January 27, 2026

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Russian Gas Flows to Europe Stable, Austria Sees Surge

MOSCOW/PRAGUE (Reuters) - Russian gas exports to Europe via Ukraine were stable on Tuesday while nominations, or requests, to Austria from Slovakia jumped by 15.7% from Monday, hitting their highest since Nov. 15, data showed.

Russian gas supplies to Austria have been in focus since mid-November after Russian supplier Gazprom halted supply to Vienna-based energy company OMV over a contractual dispute.

Other companies stepped in to buy the volumes previously allocated to OMV, keeping flows steady.

Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine on Tuesday, the same volume as on Monday.

Nominations to Austria from Slovakia rose by 15.7% from Monday while nominations to the Czech Republic from Slovakia fell slightly, data from transmission system operator Eustream showed.

Nominations for Slovakia from Ukraine rose to 431,702 megawatt hours on Tuesday, up by 3.6% from Monday and the highest volume since November 30.

(Reporting by Vladimir Soldatkin and Jan Lopatka; editing by Christopher Cushing and Jason Neely)

Key Takeaways

  • Russian gas exports to Europe via Ukraine remain stable.
  • Austria sees a 15.7% increase in gas nominations from Slovakia.
  • Gazprom maintains steady gas supply volumes to Europe.
  • OMV's supply halt leads other companies to fill the gap.
  • Nominations to Slovakia from Ukraine hit a high since November 30.

Frequently Asked Questions

What is the main topic?
The article discusses the stability of Russian gas exports to Europe via Ukraine and the increase in nominations to Austria.
Why are Austrian nominations significant?
Nominations to Austria from Slovakia rose significantly, indicating a shift in gas supply dynamics amid Gazprom's supply halt to OMV.
How has Gazprom's supply affected the market?
Gazprom's halt to OMV led other companies to step in, keeping the gas flow to Europe steady.

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