In recent developments, Slovakia’s Prime Minister Robert Fico is contemplating a series of punitive measures against Ukraine as tensions rise over the cessation of Russian gas transit through Ukrainian territory. During discussions in Brussels, Fico expressed his discontent about Kyiv’s refusal to extend a critical gas transit agreement, alleging that it has severely impacted Slovakia’s economy.
Potential Retaliatory Measures
Prime Minister Fico has indicated that without a resolution, measures could include:
- Withholding humanitarian aid to Ukraine
- Cutting emergency electricity supplies
- Exercising Slovakia’s veto power within the European Union regarding Ukraine-related matters
The interruption of the gas transit is projected to cost Slovakia approximately €500 million (US$516 million) in lost transit fees and could lead to an additional €1 billion in elevated gas prices.
Talks with Russia
Following the turmoil, Fico met with Russian President Vladimir Putin, who assured him that Gazprom would explore alternative methods to supply contracted gas to Slovakia. Fico stated, “We are able to push something through the southern flow, but so far we have storage; Slovak consumption is secured.” This includes potential deliveries via the TurkStream pipeline, albeit with limited capacity.
Ukraine’s Stance and EU Response
In response to Fico’s criticisms, Ukraine’s foreign ministry has pointed fingers at Russia and the reluctance of certain Western politicians to reduce their dependence on Moscow. Despite the new challenges, the EU maintains that alternative gas supplies are available, rendering the continuation of Russian gas transit unnecessary.
Fico argues that the EU has suffered economically due to a surge in gas prices, exacerbated by the absence of approximately 13.5 billion cubic metres of gas that previously flowed through Ukraine.
The ongoing situation is a poignant reminder of the intricate balance of energy politics within Europe and raises questions about future relations among Slovakia, Ukraine, and Russia.