Economy 2022-09-15T04:47:21+03:00
Ukrainian news
Ukrainian GTS Operator Refutes Information About Resumption Of Natural Gas Transit Via By Gazprom

Ukrainian GTS Operator Refutes Information About Resumption Of Natural Gas Transit Via By Gazprom

HELP UKRAINIAN NEWS
Russia, Ukraine, gas, natural gas, Hungary, gas transit, GTS Operator of Ukraine, natural gas transit, Ukrainian GTS Operator

The Ukrainian Gas Transport System Operator state-run enterprise has refuted the information promulgated earlier regarding the resumption of the natural gas transit via Ukraine to Hungary.

Director general of Ukrainian GTS Operator Serhii Makahon has written this on Facebook, Ukrainian News Agency reports.

Makohon noted that insignificant gas flow from Ukraine to Hungary has nothing to do with transit; that is a re-export of the gas kept in the underground gas storage facilities (USF) of Ukraine by European traders.

As Ukrainian News Agency earlier reported, on October 1, Gazprom has terminated natural gas supplies to Hungary via Ukraine.

According to the report, taking into consideration the fact that the natural gas import from Hungary had been conducted under virtual reverse flow capability, there is no opportunity to import natural gas from Hungary.

In turn, Ukrainian Gas Transport System Operator director-general Serhii Makohon added that the Ukrainian natural gas supply route to Hungary is the shortest and most economically feasible.

The Foreign Affairs Ministry of Ukraine has expressed its concern over Hungary’s decision to sign a new long-term contract with Gazprom on gas supply in a detour of Ukraine.

Russian media report that under a contract between Hungary and Gazprom, the company will deliver 4.5 billion cubic meters of natural gas a year via Serbia and Austria.

At the same time, the contract will be in force until the end of 2036.





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