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NATGAS: Ukraine Has No Intent to Renew Russian Gas Transit: PM

NATGAS
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Ukraine has no plans to extend a gas transit deal with Russia after it expires at the end of the year, Ukrainian Prime Minister Denys Shmyhal said on Monday after a meeting with his Slovak counterpart.

  • Slovakia’s Prime Minister said he welcomed the confirmation from Ukraine that it has interest to continue using gas and oil transit system on its territory.
  • The details of how this would work remain unclear.
  • TTF prices saw a brief spike as headlines emerged before retreating again, possibly as signs emerge that Ukraine is open to other solutions.
  • TTF NOV 24 down -3% at 39.75€/MWh
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Ukraine has no plans to extend a gas transit deal with Russia after it expires at the end of the year, Ukrainian Prime Minister Denys Shmyhal said on Monday after a meeting with his Slovak counterpart.

  • Slovakia’s Prime Minister said he welcomed the confirmation from Ukraine that it has interest to continue using gas and oil transit system on its territory.
  • The details of how this would work remain unclear.
  • TTF prices saw a brief spike as headlines emerged before retreating again, possibly as signs emerge that Ukraine is open to other solutions.
  • TTF NOV 24 down -3% at 39.75€/MWh