Slovakia signs deal to receive LNG via Italy

Slovakia signs deal to receive LNG via Italy

Slovakia signed a contract to receive supplies of LNG gas routed via Italy, as the SPP Slovak gas utility inked the deal with ExxonMobile during Slovak Prime Minister Eduard Heger's visit to Rome on Thursday. Under the terms of the contract, the supplies will fill 10 percent of Slovak reservoirs' volume in the last quarter of 2022 and first quarter of 2023. According to SPP director Richard Prokypcak, Slovakia is set for the upcoming winter in terms of required gas volume. The transport infrastructure will be owned by the SPP as of October 1, when the LNG supplies are set to start flowing to Slovakia. With this deal, the SPP is making preparations for potential gas cutoffs by Russian Gazprom. Prime Minister pointed out that LNG gas is sold at lower prices and thus can be delivered to Slovaks more cheaply. He added that Slovakia benefits from its well-developed infrastructure, as the country is linked by gas pipelines with every neighbouring state and also inked contracts on Norwegian gas via Poland and supplies through Croatian LNG terminals.

Source: TASR

Martina Šimkovičová, Photo: AP/TASR

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