Slovakia

LNG

EU Commission states it will continue gas supply talks with Ukraine

The European Commission will continue talks with Ukraine on natural gas products to Europe and will consist of Hungary and Slovakia in these talks, according to a statement shared by an EU diplomat and seen by Reuters on Monday The statement was read out to EU ambassadors on Monday. early morning ahead of a meeting of foreign affairs ministers who will talk about the rollover of Russia sanctions, which need to be renewed every six months. Hungary has actually been holding up the renewal of the bloc's. sanctions on Russia, the renewal of which needs to be through a. unanimous...

Natural Gas

Slovak opposition to call no-confidence vote versus PM Fico's federal government

Slovakia's opposition parties will call a noconfidence vote against the government, a celebration chief said on Tuesday, accusing Prime Minister Robert Fico of dragging foreign policy better to Russia while stopping working to deal with issues in the house. Fico's ruling leftist-nationalist coalition has ended up being shakier in current months, with its bulk shrinking to 76 out of 150 seats in parliament. Fico is dealing with dissent from some junior celebration lawmakers and also disputes among his partners. It was not immediately clear when the vote would take location. The opposition would require a majority to win it, an...

Energy Markets

Slovakia plans negotiations on gas materials, Ukraine transit next week

Slovakia will perform a series of settlements from next week to guarantee Russian gas supplies after its existing transit contract that involves Ukraine expires at completion of this year, federal government officials stated on Friday. Slovakia has a long-term contract with Russia's Gazprom and wished to keep Russian gas imports through Ukraine. But they will cease at the end of 2024 as Ukraine does not plan to restore the transit contract it has with Gazprom. You might witness in the nearest days, including during the Christmas holidays, extraordinarily extensive settlements on different levels and in different nations that start already...

Carbon Emissions

More EU countries wish to combat automakers' CO2 fines

Austria, Bulgaria, Poland, Romania and Slovakia joined the Czech Republic and Italy in seeking to avoid car manufacturers from dealing with heavy penalties beginning next year, a document released on the Austrian parliament site showed. Starting in 2025, the EU will decrease a cap typically emissions from new lorry sales to 94 grams/km from 116 g/km. Surpassing that cap might result in fines of 95 euros ($ 103) per excess co2 g/km increased by the variety of vehicles offered. The present targets for automobile, set to be implemented by 2025, risk imposing fines on makers who are unable to satisfy...

Energy Markets

Russian oil transit by means of Ukraine doubles in July, consultancy says

The quantity of Russian oil streaming to European countries through Ukraine rose to 1.09 million metric tons in July from 540,000 heaps in June, Kyiv's base fuel consultancy ExPro stated on Friday, following complaints by Hungary and Slovakia about a significant drop. From Aug. 1-19, the oil transit volume went beyond 600,000 lots, the consultancy included. According to ExPro computations ... in July, transit volumes amounted to 35,200 loads per day, and in August - 33,300 heaps per day, the consultancy stated. The consultancy said that in July the majority of the oil was transported to Hungary - 0.43 million...

Energy Markets

Hungary implicates EU of blackmail over obstructed oil materials

Hungary's foreign minister on Tuesday implicated the European Commission of blackmail in a. dispute over obstructed oil materials to Hungary and Slovakia 2. countries that have been critical of the European Union's equipping. of Ukraine. Ukraine put Russia's Lukoil on a sanctions list. in June, stopping materials going through Ukraine to Hungarian. and Slovak refiners owned by Hungarian oil and gas group MOL . Hungary and Slovakia recently asked the Commission to put. pressure on Kiev to reverse the choice. More than a week has passed and the European Commission has. not done anything, Hungarian Foreign Minister Peter Szijjarto stated....

Environment

EU seeking information on Lukoil halt, turns down 3-day due date to action in

The European Commission is seeking more info on Hungary and Slovakia's request that it moderate a consultation treatment with Ukraine over interfered with oil flows from Russia, and has actually declined a threeday due date to respond to the nations' problem. Hungary and Slovakia wrote to the Commission on Monday, asking Brussels to action in after Kyiv positioned Russian producer Lukoil on a sanctions list, stopping supplies to the two countries through a pipeline that crosses Ukraine. Hungary's foreign minister Peter Szijjarto had said the European Commission had three days to react, after which the nations would take the concern...