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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
The EU is eyeing to rule out a renewal of Russian natural gas transits via Ukraine to Europe once the deal expires are the end of 2024, as members states would be able to find alternative supplies, such as via the TurkStream interconnector, people familiar with the matter told Blomberg.
- The European Commission will discuss the matter with member states next month before presenting the plan official to energy ministers at a meeting on 4 March, the people said.
- Austria, Czech Republic and Slovakia are currently most reliant on Russian natural gas supplies.
- One of the people said that there may still be ways for countries and companies with contracts running beyond 2024 to secure gas through Ukraine by Russia delivering gas to the Ukrainian border, after which an EU entity would make an agreement with Ukraine’s TSO to transport the gas either to Austria, Slovakia or Czech Republic.
- Earlier this week, Ukraine denied it would be ready to negotiate any new transit deals with Russia following a statement by Slovakia’s Prime Minister who that it is a possibility that Ukraine may extend the deal.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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