Gazprom Export’s ESP natural gas sales dip as only day-ahead delivery offered
Gazprom Export sold just 11 million cu m of natural gas on its Electronic Sales Platform (ESP) on Monday, with all the volumes sold for day-ahead delivery.
Volumes were sold for delivery to the German Gaspool and NCG hubs, the Austrian and Slovakian virtual trading points and the Arnoldstein interconnection point between Austria and Italy. Sales were down on the 32 million cu m sold on Friday.
In Tuesday’s auction, Gazprom Export is resuming sales for delivery in March — to Gaspool and the Austrian and Slovakian VTPs — and in April to the Beregovo interconnection points between Ukraine and Hungary.
Total volumes sold on the ESP since late September 2018 are now 2.62 Bcm, with sales since the start of 2019 closing in on the 1 Bcm mark.
Gazprom Export has sold gas via the ESP in three waves to date. The first was for delivery of gas in Q4 2018, the second for delivery predominantly in January 2019, and now a third wave that has included day-ahead volumes as well as February, March and April sales.