Ukraine will be able to import 8 million cubic meters of natural gas a day from the European market through Hungary from January, the country’s state-owned gas transmission company said on Wednesday after signing an agreement with Hungary’s FGSZ.
The Ukrainian GTSOU said in a statement that “the import of a guaranteed quantity from Hungary contributes to the diversification of gas supply sources and to the strengthening of Ukraine’s energy security”.
The agreement will increase Ukraine’s guaranteed import capacity by almost 30%. At present, Kiev can receive 27 million cubic meters per day through Slovakia.
Ukraine needs to import gas to cover more than 30% of its consumption and bought 15.9 billion cubic meters (bcm) in 2020, including 4.2 bcm from Hungary. But supplies from Hungary stopped after a new long-term gas deal was signed in September between Budapest and Russia’s Gazprom, bypassing Ukraine.
Kiev has stopped direct gas imports from Russia since 2015 after Moscow annexed the Crimean peninsula and backed pro-Russian separatists in the Donbas region of eastern Ukraine.
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Source From: Capital
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