Published by Global Banking & Finance Review®
Posted on December 31, 2024
1 min readLast updated: January 27, 2026
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Slovakia won't face a gas shortage if Ukraine stops Russian gas transit, but firms will incur extra costs, according to the Slovak Economy Ministry.
(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)
The article discusses Slovakia's gas supply situation following the expiry of Ukraine's transit deal with Russia.
No, Slovakia is not expected to face a gas shortage due to sufficient storage and alternative routes.
Gas firms in Slovakia will need to pay an additional 177 million euros in fees for alternative routes.
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