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EurOil PIPELINES & TRANSPORT EurOil

Gas import deal between Ukraine and

Hungary extended until Sept 2022

UKRAINE THE gas transmission system operators of up to 8mn cubic metres of natural gas per day
Ukraine (GTSOU) and Hungary (FGSZ) will from Hungary to Ukraine.
Ukraine has extend the firm capacity for gas transportation Together with the existing 27mn cubic metres
complained that from Hungary to Ukraine until September 30, of daily capacity from Slovakia, this increases the
Hungary’s new gas deal 2022, NV reported on January 25. total amount of firm gas import capacity to 35
with Russia is using the GTSOU announced on their website that the mcm per day (12.77bn cubic metres per year),
fuel as a weapon. agreement will “allow increasing capacity for NV reports.
gas imports to Ukraine before the next heating The agreement comes after a controversial
season”. deal between Hungary and Russia’s Gazprom in
“Therefore, customers will be able to book the October 2021 that excluded Ukraine.
necessary capacity for import to Ukraine at quar- Under the terms of a long-term supply
terly auctions. Currently, the agreement is oper- deal with Budapest, Gazprom halted gas
ating in the pilot mode, while TSOs are working supplies to Hungary via Ukraine and started
on the introduction of firm capacity for imports to send them via Serbia and Austria instead,
from Hungary on a permanent basis, as well as using the new TurkStream pipeline. Previ-
on maximisation of its level,” the company said ously the Ukrainian transit route would have
in a press statement. typically transported 24.6 mcm of natural
“Since January 1, 2022 we have increased firm gas per day.
capacities for gas imports to Ukraine by almost The GTSOU claimed on 1 October 2021 that
30% and opened access to new sources of natu- Gazprom’s deal to supply Hungary and reduce
ral gas supply, namely to the LNG terminal on gas supplies to Ukraine was the “use of gas as a
the island of Krk (Croatia). In order to diversify weapon”, and demanded the US and EU impose
its gas supply sources and strengthen Ukraine’s sanctions.
energy security, GTSOU continues to work on The deal deprived Ukraine of transit revenues
increasing firm capacity for gas imports from and also meant it could no longer import reverse
Hungary on a permanent basis. Now, more than flow gas via Hungary, which it has been doing
ever, we see our task in expanding opportunities since 2015 when Ukraine stopped importing gas
for Ukrainian importers to access various routes for its own use from Russia.
and sources of natural gas supply to stabilise the By October 2021, Ukraine had already lost
situation in Ukraine, in all scenarios of Gaz- $1bn from the circa $3bn it used to make in tran-
prom’s behaviour,” said CEO of GTSOU Sergiy sit fees, as more gas to Europe that used to transit
Makogon. via Ukraine is now being sent through the new
The agreement between GTSOU and FGSZ southern spur to Gazprom’s trident of pipeline
allows the network users to physically transport networks serving customers in Europe. ™

Week 04 27•January•2022 www. NEWSBASE .com P9