Ukraine is reducing the volume of gas purchases in Europe. Market sources associate this with a significant financial deficit at Naftogaz of Ukraine.
At the same time, gas prices in Europe have reached their lowest level since the beginning of the year amid the intensification of peace talks regarding Ukraine.
As before, the majority of gas is imported from Hungary and Slovakia. As we have previously noted, through these countries, Ukraine effectively purchases Russian gas that arrives there via the «TurkStream» pipeline.