Transgaz, new product in the aid of Ukraine
Transgaz and counterparts in Bulgaria, Greece, Moldova and Ukraine propose a monthly monthly product for the firm capacity grouped for June-October 2025, which will facilitate Greek gas transportation to Ukraine, the Romanian operator announces through a communicated.
The product of the capacity grouped For the transport of natural gas from Greece to Ukraine, it will be offered on the strategically positioned transcendemed transconnection points: Kulata/Sidirokastron, Negru Voda 1/Kardam, Isaccea 1/Orlovka, Kaushany and Grebenyky.
The monthly capacity product for June 2025, worth 31 356 129 kWh/day, will be offered on the regional reservation platform (RBP) tomorrow, May 29, 2025. In view of the limited time until the auction, if a significant amount of the capacity offered remains unreserved, OTs take another auction for the rest of the month common.
Subsequently, on the fourth Monday of each month, the auctions of product capacity for the next calendar month are planned. The auction mechanism with a uniform price will be implemented for the ability to allocate.
Until October 2025, Ukraine must inject about 5 billion cubic meters of natural gas into its underground storage facilities to prepare for the winter season and to guarantee the security of vulnerable consumers. This common action of solidarity of the TSS aims to meet the urgent needs of Ukraine, given the critical position in which the country was placed. This will facilitate the procurement by Ukraine of part of the necessary quantities through various sources, including the US GNL and other reliable sources through the transbuls route, allowing the diversification and increase of safety in supply. In order to ensure that the product offered will be used correctly and only for the purpose of deliveries to Ukraine, the auction participants will not be allowed access to the virtual national trading points (« PVT ») and to the national outing points located on the respective route, except for Ukraine. Taking into account these restrictions, the route product will be offered at a spare price equal to the sum of the spare prices applicable to the monthly capacity at the import points for that month, reduced by 25% (46% for GTSOU). This will not only increase the attractiveness of the route, but will also contribute to minimizing the negative effects of financial barriers and the challenges that Ukraine faces.
The vision of the operators involves the principles of transparency and equity, contributing to the energy security and independence of Ukraine, in accordance with European policies on competition, sustainability and solidarity. It is expected that the route product will lead to an increase in the rate of use of the OTS infrastructure located on the route. This, in turn, would increase the income for operators who will be generated from the sale of unused capacity so far and, thus, to a reduction of transport tariffs for the benefit of users of gas transport systems in Greece, Bulgaria, Romania, Moldova and Ukraine.