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Czechs ready to assist Slovakia when Ukraine gas transit offer ends

The Czech Republic is prepared to provide Slovakia with gas transit and storage capacities to assist it safe and secure stable supplies if Ukraine ends a transit offer for Russian gas at the end of the year as anticipated, the Czech Industry Ministry stated on Monday.

Market Minister Lukas Vlcek has composed to his Slovak counterpart to say the Czech Republic might supply additional capacity, both in this heating season and on a long-lasting basis, the ministry said.

Slovakia, which has a long-lasting agreement with Russia's. Gazprom, has looked for to maintain gas flows through Ukraine although. Kyiv has actually declined to extend a transit deal with Moscow due to the fact that of. the ongoing Ukraine war.

Vlcek said alternative supplies to the region would become. more affordable after Germany agreed to exempt countries. transiting gas from a domestic gas levy from Jan. 1.

The Czech Republic is among the European countries that no. longer buys gas straight from Russia, however the cost of the German. levy had made it rely increasingy on more affordable gas via Slovakia,. potentially of Russian origin, in recent months.

(source: Reuters)