Diversification of gas routes from Russia to Europe is a matter of commercial advantage – Peskov – Business & Economy

MOSCOW, October 4. / TASS /. The diversification of gas supply routes from Russia to Europe is a matter of commercial advantage, Russian presidency spokesman Dmitry Peskov told reporters on Monday.

“Diversifying gas transport routes to European consumers is a matter of commercial advantage,” Peskov said, commenting on Ukraine’s concerns that the supply of Russian gas to bypassing European countries calls into question the existence of the Ukrainian gas transport system.

Ukrainian operator GTS announced on October 1 the end of gas transit to Hungary. It was also reported that Kiev has lost imports from this country through the so-called virtual reverse due to the end of the transit of Russian natural gas through Ukrainian territory to Hungary.

On October 1, Gazprom began supplying gas to Hungary under a long-term contract signed on September 27 through the Balkan Stream gas pipeline (a continuation of the Turkish Stream) and gas pipelines in South-Eastern Europe. As the holding company reported earlier, only two contracts have been signed, the total volume of which reaches 4.5 billion cubic meters per year. Both contracts were signed for 15 years.