Russian natural gas flows to Europe via the crucial transit point at Velke in Slovakia dropped to near zero as demand remained muted and a new transit deal potentially curbed shipments.Flows via Ukraine fell last Wednesday after the two former Soviet allies late on Monday agreed on a last-minute deal to keep sending the fuel to Gazprom PJSC’s main markets in the west for the next five years. They have slid even further on the route via Velke as the chart below shows.Velke Kapusany, an entry point for gas from Ukraine, has the most important compressor station in the European …read more
Source:: Gulf times