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Russia’s Gas-Transit Plan for February Gives Europe No Relief

  • Gazprom opted against booking Mallnow capacity for February
  • Exporter opts not to book extra space to ship fuel via Ukraine
Pipes carrying gas at an underground gas storage facility, operated by Gazprom PJSC, in Kasimov, Russia. 

Pipes carrying gas at an underground gas storage facility, operated by Gazprom PJSC, in Kasimov, Russia. 

Photographer: Andrey Rudakov/Bloomberg

Russia is keeping Europe’s natural gas market on edge, with no relief in sight from the country’s preliminary supply plans for next month. 

The nation’s exporter, Gazprom PJSC, again opted not to book any extra pipeline space to ship the fuel westward through Ukraine during a monthly auction on Monday. On top of that, zero capacity was booked for February to deliver gas to Germany via the Mallnow station, where Russia’s Yamal-Europe pipeline terminates.