Russia to increase gas exports to Slovakia bypassing Ukraine
Gazprom, Russia's largest private oil giant, will significantly increase gas supplies to Slovakia through the Turkish Stream pipeline starting in April. This has been stated by Slovak importer SPP's CEO Vojtech Ferencz.
Source: Reuters
Details: Ferencz said that the supply volumes would increase several times compared to the level of the last two months, and not just double, as previously expected.
"We will not have a problem with supply, we will not have a problem filing storage," SPP trade director Michal Lalik said.
After transit through Ukraine ended at the end of 2024, Slovakia mainly received gas from Hungary, which supplies Russian fuel through the Turkish Stream. Bratislava and Budapest are pushing for the resumption of transit through Ukraine, and Slovakia has even threatened to veto EU aid to Kyiv if it does not reconsider its position.
Background:
As part of a working group set up at Slovakia's request to resolve gas supply problems after Russian gas transit through Ukraine was halted, the European Commission is looking for ways to diversify supplies, including exploring the possibilities of Azerbaijan in this context.
European energy companies filed lawsuits against Gazprom for a total of €18 billion over the suspension of gas supplies. This is almost twice as much as the Russian monopolist has in cash reserves.
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