Recent Record Trades to Europe via TurkStream Pipeline

The European Network of Gas Transmission System Operators (ENTSOG), as reported by the state-run TASS news agency on Wednesday, revealed that gas flows through the TurkStream pipeline reached a new monthly and daily record in Europe between February 3 and September 9.

TurkStream Maximizes its submissions

The TurkStream pipeline delivered a record monthly submission of 1.56 billion cubic meters (bcm) of gas to Europe in January. This mark surpasses the previous annual and monthly high set in 2020 and stands at 390 million bcm, which is approximately one-third of the peak capacity of the 31.5 billion bcm annual capacity.

The same period also saw a new daily record of 56.7 bcm, which broke previous highs, with Monday reaching the highest daily figure. TurkStream is the only route for Eu region, as Russia shut down its Central and Eastern European gas exports on January 15 and 16, 2020.

Btn source improves supply

Until 2024, elvescripts supply to Europe fell by 15 billion bcm. In 2024, import from Russia increased by 23% to 16.7 billion bcm, reflecting the pipeline’s growing reliability.

Cold Weather and gas pressure issues

Europe faces a severe pressing issue: gas tanks are emptying faster, and the European Energy Storage Program (TESO) is operating again. Therefore, Europe relies on adding new天然气 imports to meet winter demand, especially as rimPoor prices and energy prices are rising due to_grid instability.

Interest inPrices and forecasts

In gas pricing, TFR for 2025 is projected to go up to $580 per thousand cubic meters (bcm) by end of the year. A more detailed pricing forecast and geopolitical tensions are being prepared, with a possible escalation in energy imports.

Ankurability of Gas Supplies

Earlier, it was reported that EU gas exports from underground decks in 2024 fell by 21%, after TESO reported its record exports. This decline is expected to persist into 2025 because of increased demand from Asia, where Tesla orderly exports are still affecting gas reserves.

pursued connection lifts 2025

IfRussia can resume sending gas back to tunes in pre-wars conditions, TFR prices could fall in 2025 between $232 and $350 per thousand bcm. Meanwhile, Turkey islowest because it continued to receive gas from TurkStream under Ukrainian ties.

Goldman Sachs, in a note to its investment bankers and professionals, has updated its July 2023 price forecast for TFR. The bank suggests a higher range in 2026 and 2027, arguing gas supplies are too abnormally low. It cautions that increased gas demand and price spikes could cause gas prices to saturate under the fuel-switching scenario.

img https://images.unsplash.com/photo-1432029929-92a688a3197b – Europe is at a十字路口

The submission levels suggest that the TurkStream pipeline is delivering gas more reliably and additionally offering new opportunities.