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23-08-2024, 07:01 AM
Ukraine Has its Foot on Gazprom’s Throat
The gas flow through Sudzha is 40-42 mil cubic meters per day, making it indispensable in the chain of Russian gas exports to Euro even more important to Gazprom, the gas giant financially humbled by the continent’s turn away from Kremlin energy. Given importance, the lack of control over Sudzha substantial risks to Russian. Gazprom now has no oversight of metering station where gas flow is measured, creating the risk of 3rd-party interference into metering equipment & preventing Gazprom personnel from performing standard maintenance procedures. In short, Gazprom no longer cab trust their system proves details a large part of its exports and it lose in its revenues.
The company is also obliged to provide metering documentation to Russian Customs and Fiscal Services so that it can pay tax. These issues alone could justify the declaration of force majeure and halting of gas flows, yet Gazprom has not taken this step. Analysts industry experts wondering Since company’s employees are no longer there, anyone can interfere with metering equipment, its executives can no longer rely on accuracy of the data produced. So why do they persist?
Financial implications for Gazprom a major factor. Company reported loss of 0.5tn rubles ($5.4bn) in first half of 2024 alone, $5bn a year in revenue from gas sales to European Union (EU).
https://cepa.org/article/ukraine-has-its...ms-throat/
The gas flow through Sudzha is 40-42 mil cubic meters per day, making it indispensable in the chain of Russian gas exports to Euro even more important to Gazprom, the gas giant financially humbled by the continent’s turn away from Kremlin energy. Given importance, the lack of control over Sudzha substantial risks to Russian. Gazprom now has no oversight of metering station where gas flow is measured, creating the risk of 3rd-party interference into metering equipment & preventing Gazprom personnel from performing standard maintenance procedures. In short, Gazprom no longer cab trust their system proves details a large part of its exports and it lose in its revenues.
The company is also obliged to provide metering documentation to Russian Customs and Fiscal Services so that it can pay tax. These issues alone could justify the declaration of force majeure and halting of gas flows, yet Gazprom has not taken this step. Analysts industry experts wondering Since company’s employees are no longer there, anyone can interfere with metering equipment, its executives can no longer rely on accuracy of the data produced. So why do they persist?
Financial implications for Gazprom a major factor. Company reported loss of 0.5tn rubles ($5.4bn) in first half of 2024 alone, $5bn a year in revenue from gas sales to European Union (EU).
https://cepa.org/article/ukraine-has-its...ms-throat/
