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Russian Gas Flows East via Yamal-Europe Pipeline for Fifth Day

A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko
A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko
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Russian Gas Flows East via Yamal-Europe Pipeline for Fifth Day

A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko
A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko

The Yamal-Europe pipeline that usually sends Russian gas to Western Europe was operating in a reverse mode for a fifth day on Saturday, shipping fuel from Germany to Poland, data from German network operator Gascade showed.

Russian gas exporter Gazprom did not book gas transit capacity for exports via the Yamal-Europe pipeline for Sunday as well, auction results showed.

European gas prices climbed to a record high this week after Yamal switched direction but eased on Friday.

Russia said the flow reversal was not a political move, though it coincides with rising tensions between Moscow and the West over Ukraine. Russian President Vladimir Putin on Thursday said the reversal was because of a lack of requests from buyers, Reuters reported.

Putin also said on Friday that Russia was "sidelined" by Poland in managing the pipeline and Europe had only itself to blame for soaring gas prices.

Flows at the Mallnow metering point on the German-Polish border were going east into Poland at an hourly volume of more than 1.1 million kilowatt hours (kWh/h) on Saturday and were expected to stay at these levels during the day, the data shows.

Putin has also said that Germany was reselling Russian gas to Poland and Ukraine rather than relieving an overheated market.

Gazprom spokesman Sergey Kupriyanov told the NTV channel that the company was ready to supply additional gas within its long-term contracts, which would be cheaper than short-term deals concluded on European spot market.

Reverse flows from Germany to Poland - and probably to Ukraine as well - stand at between 3 million cubic metres (mcm) and 5 mcm per day, he said, reiterating that accusations that Gazprom was undersupplying gas are "groundless".

Kupriyanov added that the gas is being taken off underground storage facilities that are already depleted.

Data from Slovak pipeline operator Eustream showed capacity nominations for Saturday's Russian gas flows from Ukraine to Slovakia via the Velke Kapusany border point were at 747,031 megawatt hours (MWh), slightly up from Friday's 739,843 MWh but below levels in recent weeks.

That drop was being balanced by higher nominations for flows from the Czech Republic to Slovakia, meaning that nominations for flows from Slovakia to Austrian hub Baumgarten were roughly stable compared with levels in recent days and weeks.

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Biden Signs Bill That Averts Govt Shutdown Ending Days of Washington Upheaval

United States President Joe Biden participates in a holiday visit to patients and families at Children's National Hospital in Washington, DC, USA, 20 December 2024. (EPA)
United States President Joe Biden participates in a holiday visit to patients and families at Children's National Hospital in Washington, DC, USA, 20 December 2024. (EPA)
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Biden Signs Bill That Averts Govt Shutdown Ending Days of Washington Upheaval

United States President Joe Biden participates in a holiday visit to patients and families at Children's National Hospital in Washington, DC, USA, 20 December 2024. (EPA)
United States President Joe Biden participates in a holiday visit to patients and families at Children's National Hospital in Washington, DC, USA, 20 December 2024. (EPA)

President Joe Biden signed a bill into law Saturday that averts a government shutdown, bringing a final close to days of upheaval after Congress approved a temporary funding plan just past the deadline and refused President-elect Donald Trump’s core debt demands in the package.

The deal funds the government at current levels through March 14 and provides $100 billion in disaster aid and $10 billion in agricultural assistance to farmers.

House Speaker Mike Johnson, R-La., had insisted lawmakers would “meet our obligations” and not allow federal operations to close. But the outcome at the end of a tumultuous week was uncertain after Trump had insisted the deal include an increase in the government's borrowing limit. If not, he had said, then let the closures “start now.”

Johnson's revised plan was approved 366-34, and it was passed by the Senate by a 85-11 vote after midnight. By then, the White House said it had ceased shutdown preparations.

“There will be no government shutdown,” said Senate Majority Leader Chuck Schumer, D-N.Y.

Johnson, who had spoken to Trump after the House vote, said the compromise was "a good outcome for the country” and that the president-elect “was certainly happy about this outcome, as well.”

The final product was the third attempt from Johnson, the beleaguered speaker, to achieve one of the basic requirements of the federal government — keeping it open. The difficulties raised questions about whether Johnson will be able to keep his job, in the face of angry Republican colleagues, and work alongside Trump and his billionaire ally Elon Musk, who was calling the legislative plays from afar.

The House is scheduled to elect the next speaker on Jan. 3, 2025, when the new Congress convenes. Republicans will have an exceedingly narrow majority, 220-215, leaving Johnson little margin for error as he tries to win the speaker's gavel.

One House Republican, Rep. Andy Harris of Maryland, criticized Republicans for the deficit spending in the bill and said he was now “undecided” about the GOP leadership. Others are signaling unhappiness with Johnson as well.

Yet Trump's last-minute debt limit demand was almost an impossible ask, and Johnson had almost no choice but to work around that pressure. The speaker knew there wouldn’t be enough support within the slim Republican majority alone to pass any funding package because many Republican deficit hawks prefer to cut the federal government and would not allow more debt.

Instead, the Republicans, who will have full control of the White House, House and Senate in the new year, with big plans for tax cuts and other priorities, are showing they must routinely rely on Democrats for the votes needed to keep up with the routine operations of governing.

The federal debt stands at roughly $36 trillion, and the spike in inflation after the coronavirus pandemic has pushed up the government’s borrowing costs such that debt service next year will exceed spending on national security. The last time lawmakers raised the debt limit was June 2023. Rather than raise the limit by a dollar amount, lawmakers suspended the debt limit through Jan. 1, 2025.

There is no need to raise that limit right now because the Treasury Department can begin using what it calls “extraordinary measures” to ensure that America does not default on its debts. Some estimate these accounting maneuvers could push the default deadline to the summer of 2025. But that’s what Trump wanted to avoid because an increase would be needed while he was president.

GOP leaders said the debt ceiling would be debated as part of tax and border packages in the new year. Republicans made a so-called handshake agreement to raise the debt limit at that time while also cutting $2.5 trillion in spending over 10 years.

It was essentially the same deal that flopped Thursday night — minus Trump’s debt demand. But it's far smaller than the original deal Johnson struck with Democratic and Republican leaders — a 1,500-page bill that Trump and Musk rejected, forcing him to start over. It was stuffed with a long list of other bills — including much-derided pay raises for lawmakers — but also other measures with broad bipartisan support that now have a tougher path to becoming law.

Trump, who has not yet been sworn into office, is showing the power but also the limits of his sway with Congress, as he intervenes and orchestrates affairs from Mar-a-Lago alongside Musk, who is heading up the new Department of Government Efficiency.