New acting head of Ukrainian gas network operator promises uninterrupted operations

Strong points

The priority is to ensure “stable” operation of the gas system: Stanczak

Former general manager Sergiy Makogon replaced on September 16

Stanczak takes office at ‘difficult time’ ahead of heating season

The new interim head of Ukrainian public gas network operator GTSOU pledged to ensure the uninterrupted transmission of the system, but acknowledged that he was taking office during a “difficult time”.

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GTSOU said at the end of September 22 that Pawel Stanczak had been appointed as interim general manager following the dismissal of Sergiy Makogon on September 16.

GTSOU is responsible for gas transit through Ukraine, as well as inland transportation, and has faced operational challenges since the invasion of Russia in February.

“It’s a big responsibility for me to support the company at such a difficult time,” Stanczak said.

“I consider it a priority to ensure the stable operation of the gas transport system. The main task of our team is to prepare for the heating season and ensure uninterrupted transport of gas to consumers”, a- he declared.

GTSOU must also continue to work to restore infrastructure damaged as a result of hostilities, he said.

No explanation was given for the dismissal of Makogon, who had led GTSOU since its creation as an independent operator of the gas network in 2019 after its separation from the national company Naftogaz Ukrayiny.

GTSOU began operations as a TSO in early 2020 following the signing of a new five-year gas transit agreement with Russia’s Gazprom.

transit gas

GTSOU continues to move Russian gas to Europe despite the ongoing war in Ukraine, although volumes have fallen below shipment or payment levels.

In June, Russian gas flows via Ukraine totaled only 1.25 bcm, according to GTSOU, an average of around 41 million m3/d.

According to the five-year transit agreement concluded at the end of 2019, Gazprom must pay for 40 bcm of gas transit via Ukraine in 2022, an average of 110 million m3/d, whether it transports that much gas or not.

Overall, Gazprom only shipped 12.27 billion m3 of gas to Europe via Ukraine in January-June, GTSOU said.

Lower Russian flows to Europe have helped keep gas prices high until 2022.

Platts, part of S&P Global Commodity Insights, priced the Dutch TTF price at an all-time high of 319.98 euros/MWh on August 26. It was last assessed on September 22 at 188 euros/MWh, still at 160%. higher year after year.


Related Interactive: Russian gas market share in Europe declines as LNG and Norway grow




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