Slovakia has prepared for this situation in advance, having sufficient gas reserves and alternative sources of supply for 2025.
Stopping the transit of Russian gas through Ukraine is not a rational decision and will lead to an increase in prices on the European energy markets, which will negatively affect the economy, especially, of Slovakia. Gas will continue to flow to Europe via other routes, but Ukraine will lose revenue from transit. This was reported by the press service of the Ministry of Economy of Slovakia on Tuesday, December 31.
The department noted that Slovakia has prepared for this scenario in advance, having sufficient gas reserves and alternative sources of supply for 2025.
“Technically, the country is ready to stop transit – underground storage facilities are 100% full, and the state-owned company SPP has diversified supplies from international suppliers such as BP, Shell and Exxon Mobil,” the report added.
At the same time, the Ministry of Economy said that stopping transit to Ukraine will lead to financial losses for Slovakia – companies will pay 177 million euros more for transit from the west.
It also warned that the European economy faces additional costs for gas and electricity, which could “cause inflationary pressure and slow economic growth.”
It was previously known that Fico threatens to stop the export of electricity to Ukraine because it refuses to transit Russian gas from January 1, 2025. He made the corresponding statement after a trip to Moscow and a meeting with Putin .
Source: korrespondent
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