{"id":203920,"date":"2021-12-30T15:59:00","date_gmt":"2021-12-30T15:59:00","guid":{"rendered":"https:\/\/omni48.com\/news\/analysis-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage"},"modified":"2021-12-30T15:59:00","modified_gmt":"2021-12-30T15:59:00","slug":"analysis-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/analysis-hoping-for-cheaper-gas-to-come-europe-reverses-russian-link-to-tap-storage","title":{"rendered":"Analysis: Hoping for cheaper gas to come, Europe reverses Russian link to tap storage"},"content":{"rendered":"<p>MOSCOW, Dec 30 (Reuters) &#8211; Gas traders are relying on stockpiles to supply European buyers and avoid paying near record-high prices, industry sources and market analysts said, explaining the unusual reverse in direction of flows through a major Russian pipeline.The 33 billion cubic metre (bcm) Yamal-Europe Pipeline, which accounts for about one sixth of Russia&#8217;s exports to Europe and Turkey, has been in reverse mode since Dec. 21, meaning gas is being shipped east from Germany to Poland. read more In Poland, which failed to conclude a new gas supply deal with Russia last year, some traders have already used their annual contracted volumes from Russian supplier Gazprom.That would mean paying high spot prices if they buy extra gas from Russia, so they are instead drawing from storage. Their hope is that by the time stocks run low, prices will be cheaper, but the risk is over-reliance on stocks will keep the market high for longer.&#8221;Gas is being lifted from<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOSCOW, Dec 30 (Reuters) &#8211; Gas traders are relying on stockpiles to supply European buyers and avoid paying near record-high prices, industry sources and market analysts said, explaining the unusual<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[27,39,44],"class_list":["post-203920","post","type-post","status-publish","format-standard","hentry","category-news","tag-economy","tag-energy-industry","tag-industry"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/203920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=203920"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/203920\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=203920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=203920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=203920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}