Slovak Prime Minister Robert Fico has threatened to stop exporting electricity to Ukraine if Kyiv proceeds with its plan to end the transit of Russian gas. The current deal for Russian gas transit is set to expire on December 31.
Fico made this threat after meeting with Russian President Vladimir Putin, as Russian attacks have heavily damaged Ukraine's energy infrastructure. This has led to frequent blackouts and increased reliance on EU imports, including from Slovakia.
Despite the EU's efforts to reduce dependency on Russian energy, Slovakia continues to buy Russian oil and gas.
A former Slovak foreign minister criticized Fico’s stance, warning that it could damage Slovakia’s relationships and economic interests.
Slovakia remains reliant on affordable gas supplies from Gazprom, despite efforts to reduce EU countries' dependence on Russian energy resources. The country also imports Russian oil via the Druzhba pipeline, which runs through Ukraine.
The Druzhba pipeline. Photo: Worldview/Stratfor
Source: IAR/Bloomberg
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