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Ukraine faces electricity import uncertainty as Slovakia ponders supply cuts
Ukrainian President Volodymyr Zelensky has emphasized that other European Union countries can aid Ukraine in tackling its electricity deficit. The nation might soon halt importing a fifth of its foreign-arrived electricity, which has been crucial for stabilizing its energy system. To address this impending shortfall, Zelensky stressed the need to collaborate with other EU member states. He discussed power capacity deficits and Ukraine's strategic actions during an evening address posted on his …
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Ukraine receives first LNG shipment from the U.S.
On Friday, December 27th, Ukraine received the first shipment of American liquefied natural gas (LNG), approximately 100 million cubic meters, as announced by the Ukrainian energy company DTEK. This delivery arrives as the 5-year contract for Russian natural gas transit through Ukraine nears its end and with the approaching inauguration of U.S. President-elect Donald Trump, who has been pressing European Union countries with an ultimatum to increase their import of American energy or face …
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Ukraine offers gas transit to Slovakia in 2025, excluding Russian supplies
Ukraine has reaffirmed its readiness to transit gas to Slovakia even in 2025, but with a stringent caveat: the gas must not be of Russian origin. In a development that follows Slovak Prime Minister Robert Fico's assertions about continued reliance on the Ukrainian pipeline in 2025, Ukraine's Prime Minister Denys Shmyhal has been clear that Kyiv is prepared to supply EU countries with any gas that is not Russian. He emphasized the conclusion of the current transit agreement, stating, "From …
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Netherlands Court orders Russia to pay Ukraine’s Naftogaz $5 billion for Crimea asset seizure
Russia has suffered a legal setback after its appeal against a compensation order in favor of Naftogaz was dismissed by the Supreme Court of the Netherlands. The court has ruled that Russia must pay $5 billion for seizing assets belonging to Naftogaz in Crimea, Naftogaz's press service announced on Friday, December 13.
This decision marks the second time that Dutch courts have upheld the Partial Award issued by the arbitral tribunal at the Permanent Court of Arbitration in The Hague. …
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Ukraine announces plans to end Russian gas transit by 2025
During the German-Ukrainian business forum in Berlin, Ukrainian Energy Minister Herman Halushchenko announced comprehensive measures to ensure the stability of Ukraine's own gas transmission system in anticipation of stopping Russian gas transit as of January 1, 2025. "Our position is quite transparent: we're preparing for zero transit as of January 1. We've been making these preparations for quite some time now. Just this year, we've conducted several stress tests on our gas system to assess …