Gazprom considers Belarusian protests as threat to gas transit to Europe

The current political crisis in Belarus and uncertainty toward the further development of the situation also increases the risks of the political instability and complications in the relations between Russia and Belarus

Russian multinational energy corporation Gazprom is concerned that the protests in Belarus put at risk the gas transit to Europe as RBK reported.

“The political unrest in Belarus increases the possibility of the violation of the gas transit through the Belarusian part of Yamal–Europe pipeline,” the Russian company stated.

Gazprom is also concerned due to the work of its sub-company Gazprom Transgaz Belarus as its work might be harmed by protests and strike actions.

“The current political crisis in Belarus and uncertainty toward the further development of the situation also increases the risks of the political instability and complications in the relations between Russia and Belarus,” Gazprom supposed.

The company warns that such a situation might hinder the normal business management and lead to the stop of the production processes, disruptions in supply chains, delay in contractual settlement, increased instability at the financial markets, stranded assets, liquidity crisis in the banking sector and other unfavorable economic consequences.

Gazprom supply gas through Belarus to Germany by Yamal–Europe pipeline with a capacity of 33 billion cubic meters. The length of the pipeline is over 2,000 km.

As it was reported earlier, that mass protests against the results of the presidential elections, which took place on August 9, continue in Belarus. Security officials are detaining protesters, as well as opposition leaders. The European Union demands from President Alexander Lukashenko to release the detainees and observe the rights of citizens to peaceful protest. During the rallies, people died. Their exact number is unknown.

(c) 112

One comment

  • Do I smell Russian blackmail in the air? Not to worry, the 33 bcm capacity of the Belarus pipeline can be taken up by Ukraine. They have a capacity of 140 bcm.

    Liked by 4 people

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