Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Ukraine says electricity imports continue despite Slovakia stopping emergency supplies
    Finance

    Ukraine says electricity imports continue despite Slovakia stopping emergency supplies

    Published by Global Banking & Finance Review®

    Posted on February 24, 2026

    2 min read

    Last updated: February 24, 2026

    Ukraine says electricity imports continue despite Slovakia stopping emergency supplies - Finance news and analysis from Global Banking & Finance Review
    Tags:European Union

    Quick Summary

    Ukraine says power imports under commercial deals continue even as Slovakia ends emergency aid. Ukrenergo expects little impact amid a Druzhba pipeline dispute with Slovakia and Hungary after a Jan 27 outage.

    Table of Contents

    • Ukraine’s Power Imports Amid Regional Energy Strains
    • Slovakia’s Suspension of Emergency Electricity Aid
    • Ongoing Cross-Border Power Purchases
    • Real-Time Flows from Slovakia
    • Commercial vs. Emergency Supply Channels
    • Analyst View: 70% Share from Slovakia and Hungary
    • Druzhba Pipeline Outage and Conditions for Reversal

    Ukraine Keeps Power Imports Flowing as Slovakia Halts Emergency Aid

    Ukraine’s Power Imports Amid Regional Energy Strains

    KYIV, Feb 24 (Reuters) - Ukraine, whose power plants have been significantly damaged by Russian bombing, continues importing electricity from neighbouring countries, transmission system operator Ukrenergo said on Tuesday, after Slovakia moved to stop emergency supplies.

    Slovakia’s Suspension of Emergency Electricity Aid

    Prime Minister Robert Fico said on Monday that Slovakia's power grid operator would refuse Ukrainian requests for emergency supplies until oil flows resume via the Druzhba pipeline, which runs from Russia through Ukraine to central Europe.

    Slovakia and Hungary have been cut off from Russian crude through Druzhba since damage to the pipeline last month, and blame Ukraine for the prolonged outage.

    Ongoing Cross-Border Power Purchases

    "Electricity is being imported from all EU countries neighbouring Ukraine and Moldova, in accordance with the results of auctions for the distribution of available interconnection capacity," Ukrenergo said on Telegram.

    UKRAINE SAYS COMMERCIAL CONTRACTS NOT AFFECTED

    Real-Time Flows from Slovakia

    Data from the Slovak system operator also showed flows into Ukraine continuing.

    Ukrenergo said on Monday that any refusal by Slovakia to extend emergency electricity supplies on demand would have no practical effect. It said Ukraine last sought emergency supplies from Slovakia more than a month ago, and in small volumes.

    Commercial vs. Emergency Supply Channels

    Ukraine can obtain electricity from EU countries either through commercial contracts or in the form of emergency assistance, usually in relatively small volumes for short periods of time.

    Analyst View: 70% Share from Slovakia and Hungary

    According to analysts at ExPro consultancy, commercial supplies from Slovakia and Hungary account for 70% of Ukraine's total energy imports.

    Druzhba Pipeline Outage and Conditions for Reversal

    SLOVAKIA AND HUNGARY AWAIT DRUZHBA RESTART

    Slovakia said its measure preventing emergency supplies would be cancelled when oil transit resumed.

    The flow of Russian oil to Hungary and Slovakia has been cut off since January 27, when Kyiv says a Russian drone strike hit pipeline equipment in western Ukraine.

    Slovakia has said it lacks information on the extent of damage. The Slovak Economy Minister said on Monday that pipeline system operator Transpetrol had been informed, without further explanation, that oil deliveries via Druzhba would resume on February 25.

    (Reporting by Pavel Polityuk, additional reporting by Jason Hovet in Prague)

    Key Takeaways

    • •Ukraine continues electricity imports from EU neighbors via commercial contracts despite Slovakia halting emergency supplies.
    • •Ukrenergo says Slovakia’s refusal of on‑demand emergency aid has no practical impact; requests were rare and small.
    • •Slovakia and Hungary link the halt to the Druzhba oil pipeline outage after a Jan 27 strike; Kyiv cites Russian damage.
    • •Analysts at ExPro estimate commercial supplies from Slovakia and Hungary make up roughly 70% of Ukraine’s energy imports.
    • •Slovakia indicated oil flows via Druzhba could resume on Feb 25, which would lift its emergency-power restriction.

    Frequently Asked Questions about Ukraine says electricity imports continue despite Slovakia stopping emergency supplies

    1What is the main topic?

    Ukraine confirms it continues importing electricity under commercial contracts despite Slovakia’s decision to halt emergency power supplies amid a dispute over Druzhba oil transit.

    2Why did Slovakia stop emergency electricity supplies to Ukraine?

    Bratislava tied the halt to the suspension of Russian oil flows via the Druzhba pipeline, saying assistance would resume when transit restarts. Kyiv attributes the outage to Russian drone damage.

    3Does Slovakia’s move affect Ukraine’s power system?

    Ukrenergo says the impact is minimal because emergency assistance from Slovakia was rare and small, while commercial imports from EU neighbors continue.

    4Which countries supply most of Ukraine’s imported power?

    Analysts at ExPro say commercial supplies from Slovakia and Hungary account for about 70% of Ukraine’s total energy imports.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for Serbian farmers block roads to demand higher subsidies and import ban
    Serbian farmers block roads to demand higher subsidies and import ban
    Image for Ferretti's core profit rises 6.7%, orders for made-to-measure yachts soar
    Ferretti's core profit rises 6.7%, orders for made-to-measure yachts soar
    Image for Novo Nordisk to cut US list prices of Ozempic, Wegovy as of 2027
    Novo Nordisk to cut US list prices of Ozempic, Wegovy as of 2027
    Image for EU to propose permanent ban on Russian oil after Hungary election, document shows
    EU to propose permanent ban on Russian oil after Hungary election, document shows
    Image for UK sanctions New Zealand insurer Maritime Mutual after Reuters report
    UK sanctions New Zealand insurer Maritime Mutual after Reuters report
    Image for UK sanctions two Georgian TV channels over 'Russian disinformation'
    UK sanctions two Georgian TV channels over 'Russian disinformation'
    Image for Novo Nordisk to halve US list price of Wegovy from 2027
    Novo Nordisk to halve US list price of Wegovy from 2027
    Image for German Chancellor Merz heads to China seeking openings as global pressure builds
    German Chancellor Merz heads to China seeking openings as global pressure builds
    Image for Skittish investors spooked as dystopian AI outlooks go viral
    Skittish investors spooked as dystopian AI outlooks go viral
    Image for Sterling lingers near one-month low ahead of BoE's Bailey
    Sterling lingers near one-month low ahead of BoE's Bailey
    Image for Einride spins off design organisation
    Einride spins off design organisation
    Image for FTSE 100 dips amid tariff uncertainty and AI disruption concerns
    FTSE 100 dips amid tariff uncertainty and AI disruption concerns
    View All Finance Posts
    Previous Finance PostWet weather keeps UK shoppers at home, CBI survey says
    Next Finance PostExclusive-Glencore to buy almost $115 million of cobalt from industry veteran Weisfisch, sources say