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Russia Snubs Gas Transit Bookings, Keeping Buyers Guessing on Supplies

  • Gazprom fails to reserve extra Ukrainian pipe space for August
  • Traders are also unsure of future flows via Nord Stream link

Moscow again rejected additional gas-pipeline space offered by Ukraine, keeping European buyers guessing as future flows on the key Nord Stream route also remain uncertain.

At a monthly auction on Monday, Russia’s Gazprom PJSC opted not to book extra capacity to ship gas to Europe via Ukrainian pipelines in August. That keeps deliveries to the continent tight, just as concern grows that the Nord Stream link may not fully return when maintenance ends later this week.