Russia chooses not to raise natural gas supplies to Europe despite Putin’s pledge to help | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Russia chooses not to raise natural gas supplies to Europe despite Putin’s pledge to help

Russia has opted against sending more natural gas supplies to Europe, curbing hopes that Moscow may ease its grip on the market shortly after President Vladimir Putin said the country would be prepared to help.

Highly anticipated auction results on Monday showed Russia’s state gas giant Gazprom had not booked additional gas transit capacity for November either through the Ukrainian pipeline system or lines into western Europe via Poland.

Gazprom booked only 30 million cubic meters per day on the Yamal-Europe route of 86.5 million cubic meters per day available for November, an amount comparable to that booked in September, and has not booked any volumes via Ukraine.

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