Slovakia: Reverse gas flow deal still unsigned

Written by on April 17, 2014 in Europe - Comments Off on Slovakia: Reverse gas flow deal still unsigned

The Slovak government says it is ready to help Ukraine with natural gas supplies, but an agreement between the two parties remains on hold as officials seek solutions that will not conflict with other contractual obligations – like the terms of Slovakia’s own renegotiated gas contract with Russia’s Gazprom that was closed at the start of the year.

As neighbouring Ukraine struggles to cope with hefty and rising Russian gas bills, not to mention continued unrest in the eastern part of the country, Slovakia has agreed in principle to a reverse flow that would send gas eastward into Ukraine – a move strongly encouraged by the European Union and the United States.

For the full story, please visit The Slovak Spectator.

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