Posted By Global Banking and Finance Review
Posted on December 31, 2024

(Reuters) - Slovakia is not facing a gas shortage risk if Ukraine stops the transit of Russian supplies via its territory as expected, but there will be a financial impact, including gas firms needing to pay 177 million euros more in fees for alternative routes, the Slovak Economy Ministry said on Tuesday.
The ministry, ahead of the expiry of a transit deal between Ukraine and Russia that will end flows to Slovakia, said the country had sufficient gas storage and alternative supplies for 2025.
(Reporting by Jason Hovet in Prague; Editing by Kirsten Donovan)