Russia’s Gazprom increased the transit of gas through Opal gas pipeline to Germany by increasing the workload to 71,5 million cubic meters/day. The company has also reduced the gas transit through the territory of Ukraine to Slovakia, which threatens the transit country the loss of multi-million dollar revenue. In December 2016, the Polish government along with the PNGiG company filed a legal challenge with the European Court against Gazprom and at that moment the court has set a limit for the use of the Opal pipeline. However, the restriction was lifted in August.
Since the beginning of August, Gazprom’s shares rose 3,2% and continue rising. The trade will be available during European session from 7:00 till 15:30 GMT.
The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions