The new gas contract between Hungary and the Russian Federation could result in shortage or full stop of the gas transit across Ukraine. Serhiy Makohon, the Director General of GTS operator of Ukraine reported that on Facebook.
According to the official, as soon as Russia gets the technical opportunity to bypass Ukraine, it launches the gas via its own transit gas pipelines - in spite of the fact that these are longer than the one across Ukraine.
"In spite of the contract singed until 2024, we expect considerable further decrease or a full stop of the transit to Hungary across Ukraine. So the technical completion of the Nord Stream 2 construction poses critical risks for the existing transit across Ukraine, and the extension of contract after 2024", he said.
As is known, Hungary signed a new long-term contract with Russia's Gazprom, which envisages gas transit that bypasses Ukraine. The Ukrainian side claimed it was disappointed with such decision.
Earlier, Russia announced that the construction of Nord Stream 2 pipeline was complete. Nord Stream AG company, the operator of this project claimed it wanted to launch the pipeline by the end of the year.