Ukraine might reduce gas deliveries to Poland and impact energy market in Romania, Hungary and Slovakia

Starting April this year, Ukraine might reduce gas transit deliveries to Poland, Polish daily Gazeta Wyborcza warns, quoted by RBK Daily. According to report, the Kiev government placed an interdiction on the RosUkrEnergo company to provide gas for exports. Polish experts estimate a reduction of gas suppliers both for Poland but also for Romania, Hungary and Slovakia.

According to experts, RUE does not have the necessary capacity to honor its contractual obligations and cannot thus compensate the deficit of raw material. This mission will most probably be transferred to Gazprom.

Ukraine’s PM Yulia Timoshenko plans to block the gas transit destined for RUE across Ukraine starting with April 1, the publication announces. This happens as recently the Polish company PGNiG signed with RUE a contract for the delivery of 2.3 billion cubic meters of gas per year.

The Polish daily argues that this decision might also influence the energy market in Romania, Hungary and Slovakia. RUE delivers to its European partners some 7.5 billion cubic meters of gas per year. If the Ukraine government does make this decision, Gazprom will have to compensate for the rest.