Despite the increase of prices in European gas markets as a result of the natural gas shortage in 2021, the Ukrainian transit route was not fully used, suggests the Gas Transmission System Operator of Ukraine (GTSOU) based on its assessment of the gas transportation statistics.
While 41.6 billion cubic metres (bcm) or sixteen times more natural gas was transported through GTSOU from Ukraine to Europe, 2.6 bcm of gas went from Europe to Ukraine in 2021.
Overall, GTSOU transmitted 4 bcm of gas to Slovakia and 6.8 bcm to Hungary. In both cases, the volume of transported gas was 29 per cent less than in 2020. Furthermore, 3,8 bcm of gas went to Poland with a slight increase in the volume compared to the previous year.
There was a 56 per cent reduction in transit volumes to Romania (0.4 bcm) but a 6 per cent increase to Moldova (about 3.2 bcm).
“In 2021, the capacity of the Ukrainian GTS was used by less than 30 per cent. This proves once again that the existing transit capacities are sufficient to supply the EU with natural gas in the required volume, and there is no physical or economic need for the construction of new gas pipelines”, underscored Sergiy Makogon, CEO of Gas TSO of Ukraine.
“The reliable and ramified GTS of Ukraine is capable of providing transit of at least another 100 bcm of gas in the European direction”, he added.