On the morning of October 1, Russian Gazprom stopped the gas transit to Hungary through Ukraine. As the GTS Operator of Ukraine points out in the message, this happened even despite the fact that the Ukrainian capacities in the Hungarian direction were contracted until September 30, 2022 in the amount of more than 24.5 million cubic meters per day.
Given the fact that the Ukrainian side imports gas from Hungary through a virtual reverse flow, this possibility disappears without transit.
"The monopolization of gas routes by Gazprom we are now witnessing raises the question of the fundamental principles of the EU gas markets functioning—competition and transparency. The enhancing of the one player’s dominant position and its use of leverage for obvious political purposes amid a shocking rise in gas prices in Europe must be stopped," Sergiy Makogon, the company’s CEO, said.
Context. On September 27, the Hungarian authorities and representatives of the Russian concern Gazprom signed a new long-term contract for the gas supply bypassing Ukraine.
Under the terms of the contract, Gazprom will supply Hungary with 4.5 billion cubic meters of gas annually by two routes bypassing Ukraine—through Austria and Serbia. Now Hungary covers its gas needs by getting fuel through a pipeline through the territory of Ukraine.
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