East-Bound Gas Flows via Russian Yamal-Europe Pipeline in Reverse for Ninth Week

A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, southwest of Minsk December 29, 2006. REUTERS/Vasily Fedosenko (BELARUS)/File Photo
A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, southwest of Minsk December 29, 2006. REUTERS/Vasily Fedosenko (BELARUS)/File Photo
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East-Bound Gas Flows via Russian Yamal-Europe Pipeline in Reverse for Ninth Week

A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, southwest of Minsk December 29, 2006. REUTERS/Vasily Fedosenko (BELARUS)/File Photo
A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, southwest of Minsk December 29, 2006. REUTERS/Vasily Fedosenko (BELARUS)/File Photo

Gas flows via the Yamal-Europe pipeline, which usually travel west from Russia to Europe, remained in reverse on Monday with volumes in line with last week's levels, data from German network operator Gascade showed.

This will be the ninth week the link between Poland and Germany has been operating in the reverse direction, since Dec. 21, putting upward pressure on European gas prices. Flows from Germany to Poland via the Mallnow metering point stood at around 1.5 million kilowatt hours per hour (kWh/h) on Monday morning, unchanged from the levels seen over the last week.

Renominations, or bids, to flow gas from Germany to Poland are expected to remain at around 1.5 million kWh/h until Tuesday morning. The pipeline usually accounts for about 15% of Russia's annual westbound supply of gas to Europe and Turkey.

Russian gas export monopoly Gazprom, which can book pipeline capacity at daily auctions, had not ordered any transit capacity for February via the route.

It also did not book capacity for the second and third quarters of the year.

On another major route for Russian deliveries to Europe, for supply to Slovakia from Ukraine via the Velke Kapusany border point, capacity nominations for Monday rose to 362,718 MWh from 282,820 MWh on Friday.

Nominations via this route hit a 2022 high of 850,143 MWh at the start of February.



Fragile Ceasefire Holding, Witkoff Says Peace Talks with Iran 'Promising'

People attend a gathering to support Iran's Armed Forces, after US President Donald Trump announced a ceasefire between Israel and Iran, in Tehran, Iran, June 24, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
People attend a gathering to support Iran's Armed Forces, after US President Donald Trump announced a ceasefire between Israel and Iran, in Tehran, Iran, June 24, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
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Fragile Ceasefire Holding, Witkoff Says Peace Talks with Iran 'Promising'

People attend a gathering to support Iran's Armed Forces, after US President Donald Trump announced a ceasefire between Israel and Iran, in Tehran, Iran, June 24, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
People attend a gathering to support Iran's Armed Forces, after US President Donald Trump announced a ceasefire between Israel and Iran, in Tehran, Iran, June 24, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

The ceasefire brokered by US President Donald Trump between Iran and Israel appeared to be holding on Wednesday a day after both countries signaled that their air war had ended, at least for now.

Each side claimed victory on Tuesday after 12 days of war, which the US joined with airstrikes in support of Israel to take out Iran's uranium-enrichment facilities.

Trump's Middle East envoy, Steve Witkoff, said late on Tuesday that talks between the United States and Iran were "promising" and that Washington was hopeful for a long-term peace deal.

"We are already talking to each other, not just directly but also through interlocutors. I think that the conversations are promising. We are hopeful that we can have a long-term peace agreement that resurrects Iran," Witkoff said in an interview on Fox News' "The Ingraham Angle" show.

"Now it's for us to sit down with the Iranians and get to a comprehensive peace agreement, and I am very confident that we are going to achieve that," he added, according to Reuters.

Trump's administration told the United Nations Security Council on Tuesday that its weekend strikes had "degraded" Iran's nuclear program.

Israeli Prime Minister Benjamin Netanyahu said on Tuesday that the attack had removed the nuclear threat against Israel and he was determined to thwart any attempt by Tehran to revive its weapons program.

"We have removed two immediate existential threats to us: the threat of nuclear annihilation and the threat of annihilation by 20,000 ballistic missiles," he said.

Iranian President Masoud Pezeshkian said his country had successfully ended the war in what he called a "great victory," according to Iranian media.

Israel launched the surprise air war on June 13, attacking Iranian nuclear facilities and killing top military commanders.

Iran retaliated with barrages of missiles on Israeli military sites and cities.