Gazprom may demand €16 bn from Slovakia if EU refuses from Russian gas

12:07 - 18.06.2025


June 18, Fineko/abc.az. Gazprom may require Slovakia to pay a penalty of about €16 bn upon termination of Russian gas supplies to the European Union.

ABC.AZ reports that TASR agency writes about this based on information from state-owned company SPP (Slovak Gas Industry).

SPP, according to the agency, opposed the plans of the European Commission to ban the import of Russian energy raw materials to the countries of the community from January 1, 2028. This decision, as follows from the message, can be made solely for political reasons and without taking into account the economic interests of European states. In particular, it will negatively affect European entrepreneurs and the competitiveness of the EU.

Slovakia receives Russian gas under a long-term contract with Gazprom. If it is terminated unilaterally, financial sanctions may be imposed on the party that terminated it. In this case, the Republic will have to pay for the entire documented volume of unselected gas from the supplier.

The Slovak government opposes plans to stop imports of Russian energy raw materials to the EU. Prime Minister Robert Fico told journalists that if European Commission's plan is implemented, gas prices for Slovak households will increase by 30-50%.