Europe Gas Buyers Near Azeri Deal to Maintain Ukraine Flows

Europe Gas Buyers Near Azeri Deal to Maintain Ukraine Flows

European buyers are nearing a commercial agreement with Azerbaijan to keep natural gas flowing to the continent after a transit deal between Russia and Ukraine expires at the end of the year.

Companies from Hungary and Slovakia are close to signing a contract for as much as 12-14 billion cubic meters of gas a year from Azerbaijan, according to people with knowledge of the matter. It would use the same pipeline network that now carries Russian gas across Ukraine to the European Union.

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Publish date : 2024-10-31 09:33:00

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