ECONOMY


Ukraine starts importing gas through Slovakia in test mode

Baku, May 15 (AZERTAC). Ukraine will take one more step towards diversification of its gas import routes starting to test reverse supplies through Slovakia on Wednesday.

Ukraine`s pipeline and gas storage facilities operator Ukrtransgaz proposed Slovakia to engage one of the four interstate gas pipelines linking the two countries.

Energy and Coal Industry Minister Eduard Stavitsky said on Monday reverse gas imports in a test mode may last around 7-10 days. As a result the country “will get an opportunity to attract gas deliveries through this route, which will in general cut prices on our gas market.”

Ukrtransgaz forecasts that using this pipeline Ukraine will be able to receive up to 10 billion cubic meters a year. Ukraine`s Energy and Coal Industry Ministry makes a more optimistic forecast - up to 20 billion cubic meters a year.

Germany`s RWE Supply&Trading is just the only source of European gas to be pumped along this route. Ukraine`s Naftogaz has an effective contract for the supply of 10 billion cubic meters with this biggest trader, the company`s deputy CEO Vadim Chuprun said.

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