Ukraine, Scholz: Germany must be ready for an escalation. Gazprom cuts supplies to Kiev

Scholz United Government on a more flexible Stability Pact

(Finance) – The chancellor Olaf Scholz stated that the Germany “must be ready for an escalation in Ukraine”. The statement came during a conference in Berlin hosted by the Süddeutsche Zeitung newspaper and was reported by the British Guardian newspaper. “In the light of developments in the war and of the visible and growing failures of the Russiawe must be ready for an escalation”, Scholz underlined. According to reports from the Ukrainian regional administrations in the last 24 hours, the Strength Russian they bombed Sumy, Kherson, Kharkiv, Dnipropetrovsk, Chernihiv, Zaporizhzhia, Luhansk and Donetsk regions. The toll is at least 11 people killed and 20 injured.

Meanwhile, Gazprom has returned to threaten the supplies from gas towards Europe. The Russian energy company has in fact announced that it will reduce gas flows through Ukraine from Monday, the last route of Russian gas to Europe. According to Gazprom, Ukraine would retain part of the methane destined for the Moldova. “From 10 on November 28, Gazprom will start reducing the gas supply to the gis (compression station, ed) of Sudzha for transit through Ukraine for an amount equal to the daily undelivered amount,” Gazprom said via its Telegram channel.

L’accuse against Kiev is to have taken possession of altogether 52.52 million cubic meters of gas, of which 24.945 million cubic meters in November alone. About 42 million cubic meters of Russian gas pass through Ukraine every day. Gazprom’s move comes at the same time as the launch in Europe of season thermal and contributed to the rise in the price of gas in Amsterdam, where TTF futures rose by 2.6% to 119.1 euros per megawatt hour.

From Ukraine they deny having withheld gas destined for Moldova. “All volumes of natural gas that were accepted by the Russian federation at the ‘Sudzha’ entry point for transportation” to Moldova “were fully transferred to the ‘Oleksiivka’ and ‘Grebenyky’ exit points,” he replied to the allegations. L’network operator from Ukraine(Gtsou). “It is not the first time that Russia has used gas as a tool of political pressure. It is manipulating the facts to justify the decision to further limit the volumes of supplies to European countries,” he said Olga Bielkovahead of international affairs of Gtsou.

tlb-finance