Finance

Slovakia not facing gas shortage after Ukraine transit deal expires, ministry says

Published by Global Banking & Finance Review

Posted on December 31, 2024

1 min read

· Last updated: January 27, 2026

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(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

Slovakia Secures Gas Supply as Ukraine Transit Deal Ends

(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)

Key Takeaways

  • Slovakia is not at risk of a gas shortage.
  • Ukraine's transit deal with Russia is expiring.
  • Slovakia has sufficient gas storage for 2025.
  • Gas firms face 177 million euros in additional fees.
  • Alternative gas supply routes are available.

Frequently Asked Questions

What is the main topic?
The article discusses Slovakia's gas supply situation following the expiry of Ukraine's transit deal with Russia.
Will Slovakia face a gas shortage?
No, Slovakia is not expected to face a gas shortage due to sufficient storage and alternative routes.
What financial impact is expected?
Gas firms in Slovakia will need to pay an additional 177 million euros in fees for alternative routes.

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