20 European Firms Interested In Supplying Gas to Ukraine Via Slovakia

Ukraine’s state oil-and-gas company Naftogaz reports that 20 European companies are interested in supplying gas to Ukraine via Slovakia. Eustream, Slovakia’s gas pipeline operator has said in a statement it had finalized the evaluation of the Open Season procedure.

“The results have confirmed the market interest in gas transmission through the Vojany-Uzhgorod pipeline in direction to Ukraine,” it said. The Open Season procedure has been launched in late May in accordance with the Memorandum of Understanding signed between Slovak company Eustream and the Ukrainian gas pipeline operator Ukrtransgaz a month earlier. “The convincing results of the Open Season confirm that gas supplies from the EU to Ukraine are a commercially attractive and legally correct business. The major Ukrainian market is of great interest to the Europeans. There’s no doubt that Slovakia’s transmission capacity towards Ukraine will be in demand not just where the Vojany-Uzhgorod pipeline is concerned but also one of the four underutilized trunk gas pipelines at the interconnection point Velke Kapusany,” Naftogaz CEO Andriy Kobolev said. Ukraine expects to begin gas imports in reverse mode from the EU via Slovakia, using the Vojany-Uzhgorod pipeline, in September.

Source: nrcu.gov.ua

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