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Slovakia to consider mutual measures if Ukraine stops Russian gas transit, Fico says

Slovakia will consider mutual procedures versus Ukraine such as stopping backup electricity supplies after Jan. 1 if Kyiv, as expected, stops the transit of Russian gas to Slovakia, Prime Minister Robert Fico said on Friday.

Slovakia has actually been attempting to preserve Russian gas deliveries via Ukraine in 2025 although Kyiv has declined to renew a transit handle Moscow ending at the end of the year while they stay at war.

Slovakia states alternative routes would dramatically increase expenses and hit its own transit operations, triggering it to lose 500 million euros in charges, according to Fico.

In a video message on Facebook on Friday, Fico repeated his view that the stoppage of gas through Ukraine would hit the EU and its competitiveness.

He pointed out price quotes stating the cost to the bloc could reach 120 billion euros in 2025-2026 from higher prices for not only the gas however electrical power production from the fuel.

He laid the blame on Ukrainian President Volodymyr Zelenskiy, with whom he has actually openly argued in the past week.

After Jan. 1, we will evaluate the circumstance and the possibilities of mutual steps against Ukraine, Fico stated in the video.

If it is unavoidable, we will halt the electrical power products that Ukraine requires throughout grid failures. Or we will settle on a. various course of action.

Ukraine has stated it will cease to allow Russian gas to flow. across its territory from Jan. 1.

Slovakia has said the relocation would not hit its consumption. demands since of storage capacities, while the country's main. gas purchaser SPP has agreements for the purchase of gas from a. non-Russian source with BP, ExxonMobil, Shell. , Eni and RWE.

Fico has actually moved Slovakia's diplomacy because taking. power just over a year earlier, significantly by stopping military help to. Ukraine and warming relations with Russia. On Sunday, Fico. became just the third EU leader to check out Russian President. Vladimir Putin in Moscow given that the war started.

However, Slovakia has also supplied humanitarian help to. Ukraine and export diesel fuel and electrical power to its neighbour. In January to November this year, Slovkia exported 2.4 million. megwatthours of electrical energy, a 152% year-on-year boost.

(source: Reuters)