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NATGAS: Slovakia’s Fico Threatens to Halt EU Gas Flows

NATGAS
SlovakiaCommoditiesCEEMEAEnergy BulletsBulletPower BulletsUkraine

Slovakia's Prime Minister Robert Fico has threatened to halt gas flows to Ukraine, citing a "moral right" to do so, Platts reported.

  • Gas flows from Slovakia to Ukraine have increased recently, helping Ukraine cope with low storage levels amid cold weather.
  • Fico claims these flows, driven by private contracts, are pushing up European gas prices to two-year highs and harming competitiveness.
  • Fico's threat follows Ukraine's decision to end Russian gas transit on Jan. 1, which has significantly impacted Slovakia.
  • Fico blames Ukraine's President Zelensky and has threatened to cut humanitarian aid, refugee payments, and electricity supplies to Ukraine.
  • Negotiations in Brussels are ongoing, with Ukraine open to gas transit from Azerbaijan but not Russia.
  • Meanwhile, Slovakia's main gas importer, SPP, has resumed gas deliveries from Gazprom via TurkStream, Platts said.
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Slovakia's Prime Minister Robert Fico has threatened to halt gas flows to Ukraine, citing a "moral right" to do so, Platts reported.

  • Gas flows from Slovakia to Ukraine have increased recently, helping Ukraine cope with low storage levels amid cold weather.
  • Fico claims these flows, driven by private contracts, are pushing up European gas prices to two-year highs and harming competitiveness.
  • Fico's threat follows Ukraine's decision to end Russian gas transit on Jan. 1, which has significantly impacted Slovakia.
  • Fico blames Ukraine's President Zelensky and has threatened to cut humanitarian aid, refugee payments, and electricity supplies to Ukraine.
  • Negotiations in Brussels are ongoing, with Ukraine open to gas transit from Azerbaijan but not Russia.
  • Meanwhile, Slovakia's main gas importer, SPP, has resumed gas deliveries from Gazprom via TurkStream, Platts said.