The EU has provided Hungary with “requested guarantees” regarding its “energy security” concerns, namely the transit of fossil fuels to EU member states, Hungary’s Foreign Minister Peter Szijjarto said on Jan. 27. “The European Commission is committed to protecting natural gas and oil pipelines leading to European Union member states,” the Hungarian chief diplomat said, […]
Tag: transit
Zelensky offers Ukraine as transit hub for Azerbaijani gas to Europe
President Volodymyr Zelensky announced on Jan. 25 that Ukraine is ready to facilitate the transit of gas from Azerbaijan to Europe. Zelensky explained that he discussed this potential arrangement with Azerbaijan’s President Ilham Aliyev during their recent meeting. The president emphasized that Azerbaijan has significant export capacity, with the ability to send up to 25 […]
Russia’s gas sector is running out of options after end of transit deal
Ukraine’s decision to end the gas transit deal with Russian energy giant Gazprom has been hailed by President Volodymyr Zelensky as one of Moscow’s biggest defeats. “When (Russian President) Vladimir Putin was handed power in Russia over 25 years ago, the annual gas pumping through Ukraine to Europe stood at over 130 billion cubic meters. […]
Poroshenko’s party urges ban on Russian oil transit via Ukraine
Ex-President Petro Poroshenko and members of his European Solidarity opposition party submitted a bill on Jan. 7 banning the transit of Russian oil and gas through Ukraine’s territory during martial law. The move came after Ukraine decided not to prolong a deal on the transit of Russian gas to the EU through Ukrainian pipelines past […]
End of Ukraine gas transit has no effect on EU energy market stability, European Commission says
The EU energy market remains stable following the end of the Russian gas transit through Ukraine, European Commission spokesperson Anna-Kaisa Itkonen said at a briefing in Brussels on Jan. 6. Ukraine terminated Russian natural gas transit through its territory on Jan. 1. Kyiv has repeatedly warned that it would not extend the agreement when it […]





