The EU is ready to end Russian gas transit through Ukraine and condemns Hungary for its agreements with Gazprom,

Thursday, October 17, 2024
The EU is ready to end Russian gas transit through Ukraine and condemns Hungary for its agreements with Gazprom,

said European Commissioner for Energy Kadri Simson after a meeting of energy ministers in Luxembourg.

“We knew this contract would expire before the end of the year. The EC is working closely with the most affected member states to prepare for a zero-transit scenario. Central and Southeastern Europe already have diversified supply options to fully replace these 14 billion cubic meters of Russian gas, and LNG terminals have enough capacity. There is a transport infrastructure, and there are various supply routes for both LNG and pipeline imports,” Simson said.

She emphasized that the EU can refuse Russian gas and called it a “political choice.”

“If the member states want to sign new agreements, it is a political choice and dangerous. After all, the value of relations with Russia is measured not only by the gas price but also by the lives lost in Ukraine,” she emphasized, alluding to Hungary, which signed with Gazprom a “memorandum on increasing gas supply.”

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
US Deputy Under Secretary for International Finance Brent Neiman is confident that the IMF will approve a new $1.1B tranche for Ukraine.

US Deputy Under Secretary for International Finance Brent Neiman is confident that the IMF will approve a new $1.1B tranche for Ukraine.

Next post
Zelenskyy presents the Victory Plan for Ukraine to the Ukrainian Parliament.

Zelenskyy presents the Victory Plan for Ukraine to the Ukrainian Parliament.

Previous Main Topics