Energy

Starting from October 1st, Russian gas will flow to Hungary via Turkey and Serbia, bypassing Ukraine.

Tuesday, July 6, 2021

On Sunday, Serbian company Srbijagas and Hungarian FGSZ connected sections of the TurkStream pipeline. The pipeline starts in Russia and crosses the Black Sea. For $65 million, FGSZ is building a 15 km interconnector, which will have a capacity of 6 billion cubic meters a year.

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Tuesday, July 6
Energy

Ukraine’s pipeline operator estimates that TurkStream will cost Ukraine $450 million a year in lost transmission fees

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The price of gas reached a historic high last week on the Ukrainian Energy Exchange

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