Ukraine secures 1.2 mcm of 2.2 mcm/day gas capacity via Trans-Balkan route for Dec

On November 24, the regional booking platform RBP held an auction for the supply of natural gas via Route 1 from Greece to Ukraine. Out of the 2.2 million cubic meters per day offered by the GTS operators, 1.2 million cubic meters per day were sold. Delivery is scheduled for December, former Energy Minister Olha Buslavets reported.

"Operators offered 2.2 million cubic meters per day, 60% of which was reserved — the highest level since the route's launch. In November, the number of reservations was half that," she wrote on Facebook.

Market participants expect private companies to be among the suppliers in December.

Currently, consultations on new supply routes (Routes 2 and 3) are continuing, and these routes are expected to start operating in January, as the former minister noted.

At the November auction for natural gas supply via Route 1 from Greece to Ukraine, GTS operators offered almost 1.9 million cubic meters per day, of which 0.6 million cubic meters per day were sold.

The gas transmission system operators in Bulgaria, Greece, Moldova, Romania, and Ukraine developed a plan for supplying natural gas from Greece to Ukraine via the Trans-Balkan Corridor. Specifically, Bulgartransgaz EAD (Bulgaria), DESFA SA (Greece), Transgaz SA (Romania), VestMoldTransgaz SRL (Moldova), and GTSOU (Ukraine) jointly offered a route package product and initially agreed on a single tariff for gas transit with a 25% discount to make the route more attractive. For the Ukrainian operator, the discount is 46%.

Starting in May, the participating countries' operators hold a single auction to allocate capacities at all points along the Trans-Balkan Corridor, which runs from Greece to Ukraine.

Tenders for capacity sales for the next calendar month are held on the fourth Monday of each month. A single-price auction mechanism is used to allocate capacities.