Ukraine Slams the Door on Bringing Russian Gas to Europe [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Author of the article: (Bloomberg) — Ukraine's top energy official ruled out any commercial agreements to allow Russian natural gas to continue flowing through the country after the current transit deal lapses at the end of the year. The European Union and Ukraine have previously said they won't renegotiate the existing contract, but some market participants are optimistic about the possibility of private deals to bring fuel into the trading bloc. Article content Article content Ukraine Energy Minister German Galushchenko appeared to dash that option on Tuesday. “I don't see the possibility,” he said in interview at the International Atomic Energy Agency in Vienna. “There are not any possible solutions on the table.” Russia halted most of its pipeline supplies to Europe in the wake of its invasion, but some flows continue through Ukraine at lower-than-contracted volumes. Those supplies cover the majority of demand in countries including Austria, Hungary and Slovakia.
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