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NATGAS: Slovakia Gas Set to Cost More After Ukraine Transit End

NATGAS
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Slovakia is not facing a gas shortage risk once Ukraine transit ends but there will be a financial impact of 177 million euros more in fees for alternative routes, the Slovak Economy Ministry said on Tuesday.

  • Ahead of the expiry of a transit deal between Ukraine and Russia that will end flows to Slovakia, the country had sufficient gas storage and alternative supplies for 2025 it added.
  • Slovakia’s PM Robert Fico has made a significant push in recent weeks to try and keep Ukraine transit into next year but drew condemnation from global officials including Ukraine’s Zelenskyy after his recent meeting with Putin. Without the support of Ukraine, the transit deal faces few options to be resolved.
  • The Czech Republic said on Monday they would support Slovakia with transit and storage and that the end of the German gas transit fee on Jan.1 would help to ease pricing.  
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Slovakia is not facing a gas shortage risk once Ukraine transit ends but there will be a financial impact of 177 million euros more in fees for alternative routes, the Slovak Economy Ministry said on Tuesday.

  • Ahead of the expiry of a transit deal between Ukraine and Russia that will end flows to Slovakia, the country had sufficient gas storage and alternative supplies for 2025 it added.
  • Slovakia’s PM Robert Fico has made a significant push in recent weeks to try and keep Ukraine transit into next year but drew condemnation from global officials including Ukraine’s Zelenskyy after his recent meeting with Putin. Without the support of Ukraine, the transit deal faces few options to be resolved.
  • The Czech Republic said on Monday they would support Slovakia with transit and storage and that the end of the German gas transit fee on Jan.1 would help to ease pricing.