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Ukraine seeks to reverse gas flows from Germany and Slovakia

German energy utility RWE has restarted gas deliveries to Ukraine, under an existing 5-year framework agreement signed with Ukrainian gas company Naftogaz in May 2012. The agreement foresees deliveries of up to 10 bcm/year of natural gas, subject to individually agreed contracts. In 2013, RWE Supply & Trading delivered about 1 bcm/year to Naftogaz. RWE believes that further significant volumes could be delivered to Ukraine if various transport restrictions at the Slovakian/Ukrainian border are politically and technically resolved within the next weeks or months.

Moreover, Ukraine will hold talks with Slovakia on the conditions for reversing gas flows (from Slovakia to Ukraine), as Slovakia could utilise an unused pipeline between the Vojany power plant and the Uzhorod gas storage in Ukraine for reverse flows of up to 9 bcm/year. The country could then export gas should Russia suspend or reduce gas supplies from the four gas pipelines through Ukraine.