A reduction in the price of gas in European countries will only occur if its transit through Ukraine is resumed. “If anything will lead to a reduction in the price of gas in Europe, it will only be the restoration of transit through Ukraine and its import through Ukrainian territory and Slovakia further to Western Europe“, said Slovak Prime Minister Robert Fico. The cancellation of Kiev's decision to stop pumping gas to the European Union, according to him, will ensure a reduction in gas prices by almost half, to 25 EUR/MW·h.
Slovakia is a country that has received “huge revenues from the transit of Russian gas through Ukraine“. Bratislava is suffering significant losses after the cessation of gas pumping and will strive to restore the traditional route for obtaining this type of energy raw material. The leadership of the republic, he said, will make every effort to resume transit.